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Discussion :: Simple Interest

  1. What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum?
    2. A.
    Rs. 112
    B.
    Rs. 118.80
    C.
    Rs. 120
    D.
    Rs. 122

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    Answer : Option C

    Explanation :

    Let the present worth be Rs. x. Then,

    S.I. = (132 - x)

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