Math, asked by muskanhussain966, 8 months ago

Find the present worth of a bill of Rs.28000 due 2 years at 12% compound interest. Also find the true discount.

A) 300 B) 350 C) 250 D) 275

Answers

Answered by vrihemss

0

Answer:

300

Step-by-step explanation:

PW = Amount (1+ R/ 100 )^ T

= 2800 (1+ 12/ 100 )^ 2

= Rs.2500

TD = Amount - PW = 2800 - 2500 = Rs.300

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