The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:	Choose the correct choice from the following:
A) Rs. 1325
B) Rs. 1300
C) Rs. 1350
D) Rs. 1500
E) Rs. 1600
time=1/2yr   r=8%   let pw=x   si=1404-x   x*1/2*8/100=1404-x.(ref problm 10 of SI ,rs aggarwal)   x=1404*25/26= 
<gadget id="calculator">1404*25/26</gadget>
<output>1_350</output>
1350   ANSWER:Rs. 1350
<result>C</result>
The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is: