The present worth of ₹ 169 due in 2 years at 4% per annum compound interest is · ABC26GN4166

Subject: General Aptitude · Chapter: Compound Interest

The present worth of ₹ 169 due in 2 years at 4\% per annum compound interest is

(a)₹ 150.50

(b)₹ 154.75

(c)₹ 156.25

(d)₹ 158

Answer

Answer: C ✓ checked by 4AB · confidence high

The source book printed D; on checking, C is correct — see the explanation.

Printed D; 1.04² = 1.0816 and 169/1.0816 = 156.25.

Explanation

PW = 169/(1.04)² = 169/1.0816 = ₹156.25.

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