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Shayan Bari from Kendriya Vidyalaya, Katihar

Subject :IMO Class : Class 7

What is the present worth of ₹ 132 due in 2 years at 5% simple interest per annum ?

A₹ 112
B₹ 118.80
C₹ 120
D₹ 122

Ans 1:

Souradeep Saha from DON BOSCO SCHOOL PARK CIRCUS, Kolkata

Shayan Bari from Kendriya Vidyalaya, Katihar

It is not mentioned whether Rs. 132 is the amount or the principal. So we cannot determine the answer.