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