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Q: The present worth of Rs 2,310 due 2 ½ years hence, the rate of interest being 15% per annum is
A. Rs 1,750    B. Rs 1,680    
C. Rs 1,840     D. Rs 1443.75

Answer and Explanation

Answer:Rs 1,680    

Explanation:
PW = Rs [(100 * 2310) / (100 + {15 * 5/2})] = Rs 1680

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