Aptitude - True Discount - Discussion

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Q.

The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:                         
A. Rs. 1,325 B. Rs. 1,300
C. Rs. 1,350 D. Rs. 1,500

Answer: Option A
Explaination:

 


Discussion

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