What is the present worth of Rs. 154 due in 2 years at 5% simple interest per annum
Choose the correct choice from the following options:
A) 110
B) 120
C) 130
D) 140
E) None of these
Explanation:   Let the present worth be Rs.x   Then,S.I.= Rs.(154 - x)   = (x*5*2/100) = 154 - x   = 10x = 15400 - 100x   = 110x = 15400   x= 140   Answer: 140
<result>D</result>
What is the present worth of Rs. 154 due in 2 years at 5% simple interest per annum