What will be the true discount for the present worth of ₹ 600 for a period of 4 yr at 4% per annum rate of interest?

Question

0

Mathematics

asked Sep 07, 2023 at 09:12

A

Sign in to add a comment

Answer 1

0

Given that, T = 4 yr, R = 4% PW = ₹ 600 and TD = ? According to the formula, (1) TD = (PW x R x T)/100 TD = (600 x 4 x 4)/100 = 6 x 4 x 4 = ₹ 96

answered Sep 07, 2023 at 09:12

A

Answer 2

Given that, T = 4 yr, R = 4% PW = ₹ 600 and TD = ? According to the formula, (1) TD = (PW x R x T)/100 TD = (600 x 4 x 4)/100 = 6 x 4 x 4 = ₹ 96

Your Answer