The present worth of a bill due 7 months hence is Rs.1200 and if the b – McqOptions

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1.	The present worth of a bill due 7 months hence is Rs.1200 and if the bill were due at the end of 2(1/2) yr. its present worth would be Rs.1016. The rate per cent is :
A.	5
B.	10
C.	15
D.	20
Answer» D. 20

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