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. <table class="ga-tbl-answer" cellpadding="0" cellspacing="0"> <tbody><tr class="ga-tr-divident" align="center"> <td class="ga-td-line" rowspan="2">16</td> <td class="ga-td-divident">2</td> <td class="ga-td-line" rowspan="2">%</td> </tr> <tr class="ga-tr-divisor" align="center"> <td class="ga-td-divisor">3</td> </tr> </tbody></table>
• E.