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: Choices:	A) 18%	B) 14%	C) 94%	D) 11%	E) 54%
S.I. on Rs. 750 = T.D. on Rs. 960.   This means P.W. of Rs. 960 due 2 years hence is Rs. 750.   T.D. = Rs. (960 - 750) = Rs. 210.   Thus, S.I. on R.s 750 for 2 years is Rs. 210.   Rate = 100 x 210	%	= 14%   750 x 2   Answer: 14%
<result>B</result>
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: