Question

The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

a.

Rs. 480

b.

Rs. 520

c.

Rs. 600

d.

Rs. 960

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Answer: (c).Rs. 600

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Q. The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

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