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Aptitude - True Discount - Discussion

Discussion Forum : True Discount - General Questions (Q.No. 10)
True Discount
10.
The present worth of Rs. 2310 due 2 years hence, the rate of interest being 15% per annum, is:
Rs. 1750
Rs. 1680
Rs. 1840
Rs. 1443.75
Answer: Option
Explanation:

P.W. = Rs. 100 x 2310 = Rs. 1680.
100 + 15 x 5
2

Discussion:
21 comments Page 3 of 3.
Satish said:   1 decade ago
How did you get the 5/2?
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