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mrinal shastry

· started a discussion

· 1 Months ago

764 written in place of 1764

Question:

A sum of money is borrowed and paid back in two annual instalments of Rs.1764 each, allowing 5% compound interest. What was the sum borrowed?

Options:
A)

Rs.4000

B)

Rs.3340

C)

Rs.3000

D)

Rs.3280

Solution:

Ans: (d)


Knowledge Expert

· commented

· 1 Months ago

Dear Student.

we fixed it.

Keep learning keep solving
Best wishes
team TR

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