Question (61/66)
What is the present worth of INR 132 due in 2 years at 5% simple interest per annum ?(A) INR 120
(B) INR 125
(C) INR 130
(D) INR 132
Question (62/66)
A man took a loan from a friend at the rate of 12% per annum simple interest. After 3 years he had to pay INR 5400 interest only for the period. What is the principal amount borrowed ?borrowed ?(A) INR 10,000
(B) INR 12,000
(C) INR 15,000
(D) INR 17,000