Uday borrows a certain sum of money at 5% per annum at the compound interest and lends the same amount at Rs 8% per annum for two years at the compound interest. If he earns Rs 76.68 from this arrangement then what is the sum of money borrowed?
1
Rs 1200
2
Rs 1400
3
Rs 1600
4
Rs 2200
5
Rs 2400