Q4
The banker's discount on a sum of money for 11/2 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:
The banker's discount on a sum of money for years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:
A.
10%
B.
13%
C.
12%
AnswerD.
15%
Answer: Option C
Solution
Answer: Option C
Solution: