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

The present worth of Rs.1404 due in two equal half-yearly instalments

1.	The present worth of Rs.1404 due in two equal half-yearly instalments at 8% per annum. Simple interest is:
A.	1320
B.	1300
C.	1325
D.	1200
Answer» D. 1200

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

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