the banker's discount on a certain sum due 2 years hence is 11/10 of the true

Question

the banker's discount on a certain sum due 2 years hence is 11/10 of the true discount. 10 the rate percent is:

Options:

A . 5%

B . 15%

C . 25%

D . 35%

Answer: Option A
Explanation :

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Question 1. the banker's discount of a certain sum of money is rs. 72 and the true discount on the same sum for the same time is r....the same time is rs. 60. the sum due is:

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