A man borrowed some money and agreed to pay-off by paying Rs.3150 at the end of the First-year and Rs.4410 at the end of the 2nd year. If the rate of compound interest is 5% per annum, then the sum is
1
Rs. 5000
2
Rs. 6500
3
Rs. 7000
4
Rs. 9200
A man borrowed some money and agreed to pay-off by paying Rs.3150 at the end of the First-year and Rs.4410 at the end of the 2nd year. If the rate of compound interest is 5% per annum, then the sum is