Mathematics
Medium
Question
The interest on Rs. 750 for 2 years is the same as the true discount on Rs. 960 due 2 years hence. If the rate of interest is the same in both cases, it is:
A
12%
B
14%
✓ Official correct answer
C
15%
D
16%
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
12%
No member explanations yet for this option.
B
14%
No member explanations yet for this option.
C
15%
No member explanations yet for this option.
D
16%
No member explanations yet for this option.