At a rate of 10% per year, the banker's gain on a specific sum due in two years is Rs. 24. The current value is:
A. Rs. 480
B. Rs.520
C. Rs.600
D. Rs.960
Answer:C
At a rate of 10% per year, the banker's gain on a specific sum due in two years is Rs. 24. The current value is:
A. Rs. 480 B. Rs.520 C. Rs.600 D. Rs.960