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Find the present worth of Rs. 9950 due 3...

Find the present worth of Rs. 9950 due `3 1/4` years hence at `7 1/2 %` per annum simple interest. Also find the discount.

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Knowledge Check

  • Find the present worth of Rs. 9261 due 3 years hence at 5% per annum compounded yearly.

    A
    Rs. 8000
    B
    Rs. 8200
    C
    Rs. 8500
    D
    Rs. 8700
  • Find the present worth of a bill of Rs. 2420 due 2 years hence at 10% compound interest. Also find the rate discount-

    A
    Rs. 2000, Rs. 420
    B
    Rs. 2200, Rs. 520
    C
    Rs. 2100, Rs. 460
    D
    None of these
  • Find the banker's gain on bill of Rs.6900 due 3 years hence at 5% per annum simple interest -----

    A
    Rs. 135
    B
    Rs.125
    C
    Rs.185
    D
    Rs.145
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