Find the present worth of Rs.930 due 3 years hence at 8% per annum.Aso find the discount?
Choose the correct choice from the following options: A) 2387 B) 180 C) 221 D) 277 E) 881
Explanation:   \inline \fn_jvn P.W = \frac{100\times Amount}{100+(R\times T)}=Rs.\left [ \frac{100\times 930}{100+(8\times 3)} \right ]=Rs.750   T.D = Amount - P.W   = 930 - 750   = Rs.180   Answer: 180) 180
<result>B</result>
Find the present worth of Rs.930 due 3 years hence at 8% per annum.Aso find the discount?