The bankers gain of a certain sum due 2 years hence at 10% per annum is Rs 24 .The percent worth is

Question

Accepted Answer

T.D = (B.G * 100) / (Rate * Time) (24*100) / (10 * 2) = 120. P.W = (100 *T.D) / (Rate * Time) = (100 * 120) /(10 * 2) = 600

Discussion & Comments