A sum of money is paid back in two annual instalments of Rs. 17, 640 e – McqOptions

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1.	A sum of money is paid back in two annual instalments of Rs. 17, 640 each, allowing 5% compound interest compounded annually. The sum borrowed was
A.	Rs. 32,800
B.	Rs. 32,200
C.	Rs. 32,000
D.	Rs. 32,400
Answer» B. Rs. 32,200

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