the present worth of rs . 1404 due in two equal half - yearly installments at 8 % per annum simple interest is :
"time = 1 / 2 yr r = 8 % let pw = x si = 1404 - x x * 1 / 2 * 8 / 100 = 1404 - x . ( ref problm 10 of si , rs aggarwal ) x = 1404 * 25 / 26 hence x = 1350 answer : c"
add(divide(divide(1404, const_2), divide(add(const_100, 8), const_100)), divide(divide(1404, const_2), divide(add(const_100, divide(8, const_2)), const_100)))