The true discount on a certain sum of money due 3 year hence is Rs.100 and the S.I. on the same sum for the same time and at the same rate is Rs.120. Find the sum and the rate percent.

The true discount on a certain sum of money due 3 year hence is Rs.100

1.	The true discount on a certain sum of money due 3 year hence is Rs.100 and the S.I. on the same sum for the same time and at the same rate is Rs.120. Find the sum and the rate percent.
A.	(6 + 2/3)%
B.	(5+ 2/3)%
C.	(2+ 2/3)%
D.	(4+ 2/3)%
Answer» B. (5+ 2/3)%

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The true discount on a certain sum of money due 3 year hence is Rs.100 and the S.I. on the same sum for the same time and at the same rate is Rs.120. Find the sum and the rate percent.

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