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The present worth of Rs. 2310 due 2½ years hence, the rate of interest being 15% per annum, is:

Rs. 1750
Rs. 1680
Rs. 1840
Rs. 1443.75

Correct Answer: Rs. 1680

Explanation:

P.W. = Rs.

[

100 x 2310

]

= Rs. 1680.

100 +	❨	15 x	5	❩
			2

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