A person borrowed a certain sum at 10% p.a. for three years, interest being compounded annually. At the end of two years, he repaid a sum of Rs. 6,634 and at the end of the third year, he cleared off the debt by paying Rs.13,200. What was the sum borrowed by him?

1
Rs. 16,400
2
Rs. 16,500
3
Rs. 15,400
4
Rs. 15,600

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