The interest on Rs.750 for 2yrs is the same as the True Discount on Rs.960 due 2yrs hence . If the rate of interest is same in both cases,it is:
Answer: B
S.I on Rs.750= T.D on Rs. 960
This means P.W of Rs. 960 due 2 years hence is Rs.750
Therefore , T.D= Rs. (960 - 750) = Rs. 210
Thus, S.I on Rs. 750 for 2 years is Rs. 210
Rate =[ (100 x 210) / (750 x 2) ] % = 14%