A) Rs. 2000
B) Rs. 2100
C) Rs. 2300
D) Rs. 1900
Correct Answer: B
Solution :
Principal = (P.W. of Rs. 1210 due 1 year hence) + (P.W. of Rs. 1210 due 2 years hence) \[=\left[ \frac{1210}{\left( 1+\frac{10}{100} \right)}+\frac{1210}{{{\left( 1+\frac{10}{100} \right)}^{2}}} \right]\] \[=Rs.2100\]You need to login to perform this action.
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