The Banker's Discount On A Sum Of Money For 1 Years Is Rs. 558 And The True Discount On The Same Sum For 2 Years Is Rs. 600. The Rate Percent Is A. 10% B. 13% C. 12% D. 15%

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⟩ The banker's discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is A. 10% B. 13% C. 12% D. 15%

C. 12%

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Question and Answer:

Home Banking

⟩ The banker's discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is A. 10% B. 13% C. 12% D. 15%

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Question and Answer:

Home Banking

⟩ The banker's discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is A. 10% B. 13% C. 12% D. 15%

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