1.

Find the present worth of Rs. 930 due 3 years hence at 8% per annum. Also find the discount.

Answer»

P.W = 100 x Amount /[100 + (R x T)] 

= Rs.100 x 930/100+ (8 x 3) 

= (100 x 930)/124 

= Rs. 750, 

T.D. = (Amount) - (P.W.) = Rs. (930 - 750) = Rs. 180.



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