The interest on Rs. 750 for 2 years is the same as the true discount o – McqOptions

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1.	The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is:
A.	12%
B.	14%
C.	15%
D.	16(2/3)
Answer» C. 15%

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