The present value of a bill due at the end of 2 years is Rs.1250. If t – McqOptions

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1.	The present value of a bill due at the end of 2 years is Rs.1250. If the bill wereÂ due at the end of 2 years and 11 months, its present worth would be Rs.1200.Â Find the rate of interest and the sum.
A.	rs.1175
B.	rs.1375
C.	rs.1475
D.	rs.1575
Answer» C. rs.1475

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