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The banker's discount on a sum of money ...

The banker's discount on a sum of money for 1 1/2 years is Rs. 60 and the true discount on the same sum for 2 years is Rs. 75 . The rate per cent is -----

A

`5%`

B

`6%`

C

`6 2/3%`

D

`3 1/3%`

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The correct Answer is:
D
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