The TrueDiscount on a certain sum of money due 3 years hence is Rs.250 and SimpeInterest on the same sum for same time and same rate is Rs375. Find sum and rate%?

A) (16 + 4/3)%

B) (16 +1/3)%

C) (16 + 5/3)%

D) (16 + 2/3)%

View Answer
Option – D.