Mathematics · Simple Interest
What is the present worth of Rs. 1,100 due in 2 years at 5% simple interest per annum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 1,500
- 2Rs. 1,000✓
- 3Rs. 2,000
- 4Rs. 3,000
Correct answer
Rs. 1,000
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