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discount. The rate percent is:

Question:
discount. The rate percent is:

[A].

5 1 %
5

[B].

9 1 %
11

[C].

8 1 %
8

[D].

6 1 %
6

Answer: Option B

Explanation:

Let, B.D = Re. 1.

Then, B.G. = Re. 3 .
25
T.D. = (B.D. – B.G.) = Re. 1 – 3 = Re. 22 .
25 25
Sum = 1 x (22/25) = Rs. 22 .
1-(22/25) 3
S.I. on Rs. 22 for 1 1 years is Re. 1.
3 2
Rate = 100 x 1 %
= 100 = 9 1 %.
11 11
22 x 3
3 2