Find the present worth of Rs.930 due 3 years hence at 8% per annum.Aso find the discount?

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Accepted Answer

P.W = [100 x Amount] / [100+(R x T)] =[100 x 930] / [100+(8x3)] = Rs. 750 T.D = Amount - P.W = 930 - 750 = Rs.180

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