Mathematics
Medium
Question
The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:
A
Rs. 1325
✓ Official correct answer
B
Rs. 1300
C
Rs. 1350
D
Rs. 1500
Community credibility
Registered members can vote for the answer they believe is correct today and explain why. If the facts change after an election or news event, suggest a new option so others can vote it up.
A
Rs. 1325
No member explanations yet for this option.
B
Rs. 1300
No member explanations yet for this option.
C
Rs. 1350
No member explanations yet for this option.
D
Rs. 1500
No member explanations yet for this option.