The banker's discount on a sum of money for 3 years is Rs. 1116. Th – McqOptions

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1.	The banker's discount on a sum of money for 3 years is Rs. 1116. The true discount on the same sum for 4 years is Rs. 1200. What is the rate per cent?
A.	8%
B.	12%
C.	10%
D.	6%
Answer» E.

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