Question

Ques no. 15: The present worth of
a bill due six months hence is Rs.
23,000 at 8% p.a then sum due =
A22080
8124840
C920
0123920
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Answer 1

Answer:

hope it helps you.....

Answer 2

Given,

Amount $\[ = 23000Rs\]$

Rate $\[ = 8\% \]$

Time $\[ = 6\,month\]$

Solution,

$\[sum = \frac{{amount \times rate \times time\left( {year} \right)}}{{100}}\]$

Calculate the sum.

$\[ = \frac{{23000 \times 8 \times \frac{6}{{12}}}}{{100}}\]$

$\[ = \frac{{23000 \times 8 \times 1}}{{200}}\]$

$\[ = 920\]$

Hence the sum is $\[920Rs.\]$

The correct option is (c), i.e. $\[920Rs.\]$