The present worth of Rs. 1404 due in two equal half-yearly installment – McqOptions

MCQOPTIONS

1.	The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
A.	Rs. 1325
B.	Rs. 1300
C.	Rs. 1350
D.	Rs. 1500
Answer» B. Rs. 1300

Discussion

No Comment Found

Related MCQs

The present worth of a certain bill due sometime hence is Rs. 1296 and the true discount is Rs. 72. What is the banker's discount?
The banker's discount on a sum of money for $$1\frac{1}{2}$$ years is Rs. 120. The true discount on the same sum for 2 years is Rs. 150. What is the rate per cent?
The true discount on a certain sum due 6 months hence at 15% is Rs. 240. What is the banker's discount on the same sum for the same time at the same rate?
The true discount on a bill for Rs. 2520 due 6 months hence at 10% per annum is
The present worth of a certain bill due sometime hence is Rs. 400 and the true discount is Rs. 20. What is the banker's discount?
The banker's discount and the true discount on a sum of money due 8 months hence are Rs. 120 and Rs. 110 respectively. Find the rate percent.
The present worth of a sum due sometimes hence is Rs.5760 and the baker's gain is Rs.10. What is the true discount?
The banker's discount on a sum of money for 3 years is Rs. 1116. The true discount on the same sum for 4 years is Rs. 1200. What is the rate per cent?
The Banker Gain on a certain sum 4 years hence at 5% is Rs. 200. What is the present worth?
The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 360. The banker's discount is: