CGL 23 26-07-2023 Shift 3


Question 1


What is the present worth of ₹1,100 due in 2 years at 5% simple interest per annum?

5% की वार्षिक साधारण ब्याज दर पर 2 वर्षों में देय ₹1,100 का वर्तमान मूल्य कितना होगा?

Options

A

₹1,500

₹1,500

B

₹1,000

₹1,000

C

₹2,000

₹2,000

D

₹3,000

₹3,000


Solution:

Correct Answer:

B

₹1,000

₹1,000


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