 
			 
			MCQOPTIONS
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				| 1. | The banker's discount on a sum of money for 112 years is Rs. 120. The true discount on the same sum for 2 years is Rs.150. What is the rate percent? | 
| A. | 313% | 
| B. | 413% | 
| C. | 323% | 
| D. | 423% | 
| Answer» B. 413% | |