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Sohil Rajput

· started a discussion

· 1 Months ago

Required present worth
= present worth of 702 due in in 6 months hence + present worth of 702 due in 1 year hence

=
702
1
+
8
×
(
1
2
)
100
+
702
1
+
8
×
1
100


=
702
1
+
4
100
+
702
1
+
8
100

=
70200
100
+
4
+
70200
100
+
8

=
675
+
650
=
1325

Question:

The present worth of Rs. 1404 due in two equal half yearly installments at 8% per annum simple interest is? 

Options:
A)

Rs. 1325 

B)

Rs. 1375

C)

Rs. 1425

D)

Rs. 1475

Solution:

Ans:(a)


Shubham gupta

· commented

· 1 Months ago

Yet to be approved!

mayank davaggar

· commented

· 1 Months ago

nice one

yatin kaushik

· commented

· 1 Months ago

Yet to be approved!

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