Question

The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
A.Rs. 1325
B.Rs. 1300
C.Rs. 1350
D.Rs. 1500

Answer 1

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The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
A.Rs. 1325
B.Rs. 1300
C.Rs. 1350
D.Rs. 1500

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Answer 2

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The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:

A.Rs. 1325

B.Rs. 1300

C.Rs. 1350

D.Rs. 1500