Anita borrowed two equal sums at the beginning of two successive years at 10% compound interest. At the end of the second year, she paid Rs. 12,474 to settle her debts. How much did she borrow each year?

Anita borrowed two equal sums at the beginning of two successive years

1.	Anita borrowed two equal sums at the beginning of two successive years at 10% compound interest. At the end of the second year, she paid Rs. 12,474 to settle her debts. How much did she borrow each year?
A.	Rs. 4,800
B.	Rs. 5,000
C.	Rs. 5,400
D.	Rs. 5,600
Answer» D. Rs. 5,600

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Anita borrowed two equal sums at the beginning of two successive years at 10% compound interest. At the end of the second year, she paid Rs. 12,474 to settle her debts. How much did she borrow each year?

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