The true discount on Rs. 2575 due 4 months hence is Rs. 75. The rat

1.	The true discount on Rs. 2575 due 4 months hence is Rs. 75. The rate percent is:
A.	6%
B.	8%
C.	9%
D.	5%
Answer» B. 8%

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The true discount on Rs. 2575 due 4 months hence is Rs. 75. The rate percent is:

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