The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 – OfficerPath

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MCQ Practice

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 cases, it is:

Subject: MathematicsTopic: Discount

A

12%

B

14%

C

15%

D

16%

Correct Answer: B

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