1.

What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum

Answer»

120



Let the present worth be RS.x
Then,S.I.= Rs.(132 - x)

=› ((x*5*2)/100) = 132 - x

=› 10X = 13200 - 100x

=› 110x = 13200

x= 120



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