Mathematics
Mohit borrowed a certain sum at 5% per annum compound interest and cleared this loan by paying ₹ 12600 at the end of the first year and ₹ 17640 at the end of the second year. Find the sum borrowed.
Related Questions
Simple interest on a certain sum of money for 4 years at 4% per annum exceeds the compound interest on the same sum for 3 years at 5 percent per annum by ₹ 228. Find the sum.
A certain sum of money amounts to ₹ 23400 in 3 years at 10% per annum simple interest. Find the amount of the same sum in 2 years at 10% p.a. compound interest.