Mathematics
NULL
Medium
Question
What is the present worth of Rs 132 due in 2 years at 5% p.a. simple interest?
A
Rs. 112
B
Rs. 118.80
C
Rs. 120
✓ Official correct answer
D
Rs. 122
Community credibility
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A
Rs. 112
No member explanations yet for this option.
B
Rs. 118.80
No member explanations yet for this option.
C
Rs. 120
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D
Rs. 122
No member explanations yet for this option.
Explanation
PW = 132 / (1 + 0.05 × 2) = 132/1.1 = Rs 120.