What is the present worth of Rs 132 due in 2 years at 5 simple interest per annum ........

Quantitative Aptitude ( CCS) Simple Interest

What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum?

120

150

200

650

Let the present worth be Rs. z then, 
S.I. = Rs. (132 - z) 
therefore (^{z x 5 x 2}⁄₁₀₀) = 132 - z
10z = 13200 - 100z 
110z = 13200 
z = 120

Hence, option 1 is the correct answer.

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