1)

The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both eases, it is :


A) 12%

B) 14%

C) 15%

D) 16(2/3)%

Answer:

Option B

Explanation:

TrueDiscount_6.jpg