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:	Choose the most appropriate option: A) 12% B) 13% C) 14% D) 15% E) 18%
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)/(750 x 2)%	= 14% ANSWER : 14%
<result>C</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: