The banker's discount on a sum of money for $$1\frac{1}{2}$$ years is – McqOptions

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1.	The banker's discount on a sum of money for $$1\frac{1}{2}$$ years is Rs. 120. The true discount on the same sum for 2 years is Rs. 150. What is the rate per cent?
A.	$3\frac{1}{3}\,\% $$
B.	$4\frac{1}{3}\,\% $$
C.	$3\frac{2}{3}\,\% $$
D.	$4\frac{2}{3}\,\% $$
Answer» B. $4\frac{1}{3}\,\% $$

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