Bankers Discount on Arithmetic Aptitude related Questions and Answers


Question :   The banker's discount on a sum of money for 3/2 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:
1. 10%
2. 13%
3. 12%
4. 15%
Answer :   3 - 12%  

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