Question:The present worth of Rs.`2310` due `2 1/2` years hence, the rate of interest being `15%` per annum, is :
A `Rs. 1750` B `Rs. 1680` C `Rs. 1840` D `Rs.1443.75`
+ AnswerB
+ Explanation`p.w. = Rs.((100 xx 2310)/(100 + (15 xx 5/2))` `= Rs. 1680.`
+ Report