The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:

True Discount

1)	The present worth of Rs. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:

A) Rs. 1325
B) Rs. 1300
C) Rs. 1350
D) Rs. 1500

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