The banker s gain of a certain sum due 3 years hence at 10 % per annum

1.
The banker s gain of a certain sum due 3 years hence at 10 % per annum is Rs. 36. What is the present worth (PW)?

A. Rs. 400

B. Rs. 300

C. Rs. 500

D. Rs. 350

Answer» B. Rs. 300

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The banker s gain of a certain sum due 3 years hence at 10 % per annum is Rs. 36. What is the present worth (PW)?

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1.	The banker s gain of a certain sum due 3 years hence at 10 % per annum is Rs. 36. What is the present worth (PW)?
A.	Rs. 400
B.	Rs. 300
C.	Rs. 500
D.	Rs. 350
Answer» B. Rs. 300