The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is

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The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:

Options:

A . 12%

B . 13(1/3)%

C . 15%

D . 14%

Answer: Option C
Answer: (c).15%

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