Find the present worth of Rs 4050 due 1 year hence, at 8% per annum simple interest.

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Rs 3750. The amount due after 1 year is Rs 4050. The rate is R = 8% per year. The time is T = 1 year. Present Worth (P.W.) is the sum that, invested now at this rate, would grow to the Amount by the due date. The formula is P.W. = (100 x Amount) / (100 + R x T). The numerator is 100 x 4050 = 405000. The denominator is 100 + 8 x 1 = 108. So P.W. = 405000 / 108 = Rs 3750. True Discount (T.D.) is the reduction for paying early: T.D. = Amount - P.W. T.D. = 4050 - 3750 = Rs 300. Check: P.W. + T.D. = 3750 + 300 = 4050, which matches the Amount.

Find the present worth of Rs 4050 due 1 year hence, at 8% per annum simple interest.

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