What rate percent does a man get for his money when in discounting a bill due 10 months hence he deducts 4% of the amount of the bill?

Let the amount of bill be Rs. 100
Money deducted = Rs. 4
Money receive by holder of the bill = Rs. (100 - 4) = Rs. 96
S.I. on Rs. 96 for 10 months = Rs. 4
Rate = [(100 x 4 x 6) / (96 x 5)] = 5%