The true discount on Rs.2562 due 4 months hence is Rs.122.The rate % is?	Choose the correct option.
A) 12%
B) 13 (1/3)%
C) 15%
D) 14%
E) 13%
Explanation:   P.W = Rs.( 2562 - 122) = Rs.2440   S.I on Rs.2440 for 4 months is Rs.122   Rate = [100X 122/2440X1/3 ] % = 15%   12%nswer: 12%
<result>A</result>
The true discount on Rs.2562 due 4 months hence is Rs.122.The rate % is?