general math MCQ #153

What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum?

general math MCQ #153

  1. Question 1

    Q1. What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum?

    • A) Rs. 112
    • B) Rs. 118.80
    • C) Rs. 120
    • D) Rs. 122

    Answer: Rs. 120

    Explanation: PW = 132/(1 + 0.05×2) = 132/1.10 = Rs.120. Show the calculation clearly when solving similar quantitative items.