Question:The present worth of Rs.`169` due in `2` years at `45` per annum compound interest is : 

A `Rs.150.50` 
B `Rs.154.75` 
C `Rs. 156.25` 
D `Rs. 158` 

+ Answer
C 

+ Explanation
Present worth

`= Rs. [169/(1 + 4/100)]`

`= Rs. (169 xx 25/26 xx 25/26)`

`= Rs. 156.25`.

+ Report

Irin Moni

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