The banker's gain on a certain sum due $$1\frac{1}{2}$$ years hence is $$\frac{3

Question

The banker's gain on a certain sum due $$1\frac{1}{2}$$ years hence is $$\frac{3}{{25}}$$ of the banker's discount. The rate percent is:

Options:

A . $$5\frac{1}{5}$$ %

B . $$9\frac{1}{{9}}$$ %

C . $$8\frac{1}{8}$$ %

D . $$6\frac{1}{6}$$ %

Answer: Option B

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