What is the present worth of Rs. 121 due in 2 years at 5% simple interest per annum	Choose the correct choice from the following: A) 110 B) 120 C) 130 D) 140 E) None of these
Explanation:   Let the present worth be Rs.x   Then,S.I.= Rs.(121 - x)   = (x*5*2/100) = 121 - x   = 10x = 12100 - 100x   = 110x = 12100   x= 110   110nswer:110
<result>A</result>
What is the present worth of Rs. 121 due in 2 years at 5% simple interest per annum