Correct Answer: Option A
S.P = 102% of Tk. 600 = [(102/100)×600] = Tk. 612.
Now, PRESENT WORTH = Tk. 612 and sum = Tk. 688.50.
So, T.D = Tk. (688.50-612) = Tk. 76.50.
Thus, S,I on Tk. 612 for 9 months is Tk. 76.50.
So, Rate = [(100×76.50)/612×(3/4)]%= 16(2/3)%
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