What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum?	Choose the correct choice from the following answers:  A) Rs. 83  B) Rs. 108  C) Rs. 120  D) Rs. 132  E) Rs. 142
Explanation:   Let the present worth be Rs. x.   Then, S. I. = Rs. (132-x).   110 x = 13200   x = 120   Answer: Rs. 120
<result>C</result>
What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum?