engineering recuitment PGCIL Diploma Trainee Mock Test 2024 Quantitative Aptitude Interest Compound Interest
A sum is paid back by two annual instalments of Rs.2809 each. If the rate of Compound Interest is 6% per annum, compounded annually, what is the sum borrowed?
1
Rs. 4950
2
Rs. 5000
3
Rs. 5150
4
Rs. 5200