Find the present worth of Rs. 9300, due 3 years hence at

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Find the present worth of Rs. 9300, due 3 years hence at 8% per annum. Also find the discount?

1. 1,860
2. 1,800
3. 1,850
4. 1,890

Correct Option: B

Here , Amount = Rs. 9300
As we know that ,

Present Worth =	[100 x Amount]
	[100 + (R x T)]

Present Worth =	[100 x 9300]	= Rs. 7500
	[100 + (8 x 3)]

True Discount = Amount − Present Worth
True Discount = 9300 − 7500 = Rs. 1800