The TrueDiscount on a certain sum of money due 3 years hence is Rs.250 – McqOptions

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1.	The TrueDiscount on a certain sum of money due 3 years hence is Rs.250 and SimpeInterest on the same sum for same time and same rate is Rs375. Find sum and rate%?
A.	(16 + 4/3)%
B.	(16 +1/3)%
C.	(16 + 5/3)%
D.	(16 + 2/3)%
Answer» E.

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