A sum of money is borrowed and paid back in two annual instalments of Rs. 882 each allowing 5% C.I. The sum borrowed was?
A. Rs. 1620
B. Rs. 1640
C. Rs. 1680
D. Rs. 1700
Answer:B
A sum of money is borrowed and paid back in two annual instalments of Rs. 882 each allowing 5% C.I. The sum borrowed was?
A. Rs. 1620 B. Rs. 1640 C. Rs. 1680 D. Rs. 1700