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Q1: 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

ANS:B - Rs. 1680

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



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