The present worth of Rs. 2310 due \(2\frac{1}{2}\) years hence, the rate of

Question

The present worth of Rs. 2310 due \(2\frac{1}{2}\) years hence, the rate of interest being 15% per annum, is :

Options:

A . Rs. 1750

B . Rs. 1680

C . Rs. 1840

D . Rs. 1443.75

Answer: Option B

P.W. = Rs. \(\left[\frac{100\times2310}{100+\left(15\times\frac{5}{2}\right)}\right] = Rs.1680.\)

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