The present worth of Rs. 2310 due $$2\frac{1}{2}$$ years hence, the rate of interest being 15% per annum, is:
A. Rs. 1750
B. Rs. 1680
C. Rs. 1840
D. Rs. 1443.75
Answer: Option B
Solution (By Examveda Team)
$$\eqalign{ & P.W. = Rs.\,\left[ {\frac{{100 \times 2310}}{{100 + \left( {15 \times \frac{5}{2}} \right)}}} \right] \cr & = Rs.\,1680 \cr} $$This Question Belongs to Arithmetic Ability >> True Discount
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