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The present worth of Rs 2310 due 2 frac 1 2...

This question belongs to Arithmetic Ability True Discount
True Discount
?

The present worth of Rs. 2310 due $$2\frac{1}{2}$$ years hence, the rate of interest being 15% per annum, is:

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