The interest on Rs. 7,500 for 2 years is the same as the True Discount on Rs. 9,600 due 2 years hence. If the rate of interest is same in both cases, then the rate being charged is %.

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The interest on Rs. 7,500 for 2 years is the same as the True Discount on Rs. 9,600 due 2 years hence. If the rate of interest is same in both cases, then the rate being charged is <img src='https://www.fatskills.com/images/51626.png' > %.