The present worth of Rs. 1404 due in two equal half-yearly installments at 8% pe

Question

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

Options:

A . Rs. 1325

B . Rs. 1300

C . Rs. 1350

D . Rs. 1500

Answer: Option A

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