The true discount on Rs. 2,562 due 4 months hence is Rs. 122. The rate

1.
The true discount on Rs. 2,562 due 4 months hence is Rs. 122. The rate percent is?

A. 12

B. 13

C. 15

D. 14

Answer» D. 14

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The true discount on Rs. 2,562 due 4 months hence is Rs. 122. The rate percent is?

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1.	The true discount on Rs. 2,562 due 4 months hence is Rs. 122. The rate percent is?
A.	12
B.	13
C.	15
D.	14
Answer» D. 14