Multiple Choice Questions on The present worth of Rs 169 due in 2 years at 4 per annum compound interest is ........ for SSC CHSL Preparation

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Multiple Choice Questions

The present worth of Rs 169 due in 2 years at 4 per annum compound interest is ........

Quantitative Aptitude (CHSL) Compound Interest
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    The present worth of Rs.169 due in 2 years at 4% per annum compound interest is

    Rs. 150

    Incorrect Answer

    Rs. 140

    Incorrect Answer

    Rs. 156.25

    Correct Answer

    Rs.156

    Incorrect Answer
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    Explanation:

    Present Worth

    =P/(1+R/100)2

    =169/(1+4/100)2

    = Rs.156.25

    Hence, option 3 is the correct answer.

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