The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs.24. The present worth is
Choices:
A) Rs. 480	B) Rs. 520	C) Rs. 600	D) Rs. 960	E) None
Solution   T.D	= (B.G x 100/Rate x Time)   = Rs.(24x100 / 10x 2)   = Rs.120.   P.W	= (100 x T.D/Rate x Time)   = Rs.(100x120 / 10x 2)   = Rs.600.   Answer Rs. 600
<result>C</result>
The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs.24. The present worth is