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Harendra upadhyay

· started a discussion

· 1 Months ago

right answer is 1420.58

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)


Praveen Kumar

· commented

· 1 Months ago

Yet to be approved!

Vikas Singh

· commented

· 1 Months ago

yes 1420

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