Answer:
The Present value of investment is Rs 2492442 , option B
Explanation:
Given as :
The future value of investment after 20 years = f = Rs 200000
The Time period = n =20 years
The rate of interest applied = r = 5% = .05
Let The present value of investment = P
Now, From Equation
Present value = Future value × [
]
or, P = f × [
]
Or, P = Rs 200000 × [
]
Or, P = Rs 200000 ×

Or, P = Rs 200000 ×

Or, P = Rs 200000 × 12.46221036
Or, P = Rs 2492442.072
So, The present value = P = Rs 2492442
Hence, The Present value of investment is Rs 2492442 , option B . Answer