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TRUE DISCOUNT
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Question 1 of 21
Goods were bought for ₹ 600 and sold the same day for ₹ 688.50 at a credit of 9 months and thus gaining 2%. The rate of interest per annum is
A
16
2
3
16\frac{2}{3}
16
3
2
%
B
14
1
2
14\frac{1}{2}
14
2
1
%
C
13
1
3
13\frac{1}{3}
13
3
1
%
D
15%
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