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

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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

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