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. | 17% |
| Answer» C. 15% | |