The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate – McqOptions

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1.	The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A.	12%
B.	13(1/3)%
C.	15%
D.	14%
Answer» D. 14%

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