Q13
The banker's discount on a certain sum due 2 years hence is 1110 of the true discount. The rate percent is:
The banker's discount on a certain sum due 2 years hence is of the true discount. The rate percent is:
A.
11%
B.
10%
C.
5%
AnswerD.
5.5%
Answer: Option C
Solution
Answer: Option C
Solution: