An amount of Rs. 2400 is due after 6 years under simple interest at 10%p.a. find its present value

• Rs. 1500
  
  Let the present value be Rs. x, then x + (x*10*6/100)=2400
  => x=1500
• 6 years agoHelpfull: Yes(1) No(0)
• si=p*r*t/100
  A=si+p
  2400=p*10*6/100+p
  p=1500
• 6 years agoHelpfull: Yes(0) No(1)