Aptitude - True Discount - Discussion
Discussion Forum : True Discount - General Questions (Q.No. 10)
10.
The present worth of Rs. 2310 due 2
years hence, the rate of interest being 15% per annum, is:
years hence, the rate of interest being 15% per annum, is:
Answer: Option
Explanation:
| P.W. = Rs. |  |
100 x 2310 |  |
= Rs. 1680. | ||
|
Discussion:
21 comments Page 2 of 3.
L.mayuran said:
1 decade ago
Given amount- 2310/=
Present value- 2310/(1.15^2.5)
Answer is 1628.79/=
Present value- 2310/(1.15^2.5)
Answer is 1628.79/=
Shruti said:
10 years ago
Can't we solve with the formula of compound interest?
Farhaan said:
1 decade ago
Elaborate explanation (step by step).
Abhi said:
10 years ago
Present worth essentially means what?
Abhi said:
10 years ago
Present worth essentially means what?
(1)
Nikitha said:
1 decade ago
5/2 is equivalent to 2 n 1/2 years.
Hari said:
1 decade ago
How did you solve 1.15^2.5??
Ch Narasimha Rao said:
1 decade ago
Kindly provide the formula.
Siri said:
1 decade ago
P.W means Present Worth.
Satish said:
1 decade ago
How did you get the 5/2?
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