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The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs.24. The persent worth is?

A. 480

B. 520

C. 600

D. 960

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Correct Answer : C.

T . D = (\frac{B . G \times 100}{R a t e \times T i m e}) = R s . (\frac{24 \times 100}{10 \times 2}) = R s . 120 P . W = \frac{100 \times T . D}{R a t e \times T i m e} = R s . (\frac{100 \times 120}{10 \times 2}) = R s . 600

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