The banker’s discount on a sum of money for 1(1)/(2) years is Rs. 120. The true – OfficerPath

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MCQ Practice

The banker's discount on a sum of money for 1(1)/(2) years is Rs. 120. The true discount on the same sum for 2 years is Rs. 150. What is the rate per cent?

Subject: MathematicsTopic: Bankers Discount

A

3(1)/(3),%

B

4(1)/(3),%

C

3(2)/(3),%

D

4(2)/(3),%

Correct Answer: A

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