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1. The present worth of Rs. 2310 due $2 \frac{1}{2}$ years hence, the rate of interest being 15% per annum, is:

A. Rs. 1750

B. Rs. 1680

C. Rs. 1840

D. Rs. 1443.75

Solution:

\begin{aligned} P . W . = R s . [\frac{100 \times 2310}{100 + (15 \times \frac{5}{2})}] \\ = R s . 1680 \end{aligned}

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