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

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

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The true discount on Rs.2562 due 4 months hence is Rs.122.The rate % is?

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