The present worth of Rs. 242 due in 2 years at 10% per annum compound interest is:
Options: A) Rs. 180 B) Rs. 240 C) Rs. 220 D) Rs. 200 E) Rs. 300
Explanation:   Present worth of Rs. x due T years hence is given by   Present Worth (PW) = x/(1+R/100)^T   Present Worth (PW) = 242/(1+10/100)^2=242/(11/10)^2=Rs. 200   Answer : Option Rs. 200
<result>D</result>
The present worth of Rs. 242 due in 2 years at 10% per annum compound interest is: