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)

$$\eqalign{ & P.W. = Rs.\,\left[ {\frac{{100 \times 2310}}{{100 + \left( {15 \times \frac{5}{2}} \right)}}} \right] \cr & = Rs.\,1680 \cr} $$