The true discount on a bill of $Rs. 5450$ due in $9$ months is $Rs. 450$. Find the rate of interest (in $\%$).

  • A
    $12$
  • B
    $12.5$
  • C
    $11.5$
  • D
    $13.1$

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The discount on $Rs. 5229$ due in $1$ $year$ $9$ $months$ reckoning compound interest at $5 \%$ is (in $Rs.$)

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