If the true discount on Rs. 161 due 21/ years hence be Rs. 21. At what – McqOptions

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1.	If the true discount on Rs. 161 due 2¹/ years hence be Rs. 21. At what rate per cent is the interest calculated ?
A.	6%
B.	4%
C.	8%
D.	12%
Answer» B. 4%

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