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Discussion :: True Discount - Section 2
  1. Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is:

  2. A.
    16 2/3%
    B.
    14 1/2%
    C.
    13 1/3%
    D.
    15%

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