The true discount on Rs 2575 due 4 months hence is Rs 75. The rate per cent per annum is Options: A . &nbsp8% B . &nbsp9% C . &nbsp10% D . &nbsp11%

The true discount on Rs 2575 due 4 months hence is Rs 75. The rate per cent p

Question

The true discount on Rs 2575 due 4 months hence is Rs 75. The rate per cent per annum is

Options:

A . 8%

B . 9%

C . 10%

D . 11%

Answer: Option B

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Question 1. Rs 20 is the true discount on Rs 260 due after a certain time. What will be the true discount on the same sum due aft....the former time, the rate of interest being the same?

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Question 7. If the true discount on a sum due 2 years hence at 5% per annum be Rs 75 then the sum due is ....

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Question 9. What is the banker’s discount on a bill of Rs 1650 due 4 years hence at 8% p.a.? ....

Question 10. A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the....10% per annum, then the man has a gain of:

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