The present worth of Rs. 2310 due 2 years hence, the rate of interest being 15% per annum, is:

– by
Question:
The present worth of Rs. 2310 due 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

Explanation:

P.W. = Rs. 100 x 2310 = Rs. 1680.
100 + 15 x 5
2