Mukesh needs to pay two equal half-yearly installments of Rs. 6050 each at a 20% p.a. rate of compound interest. Find the total sum borrowed by him.
1
11500
2
12500
3
10500
4
13500
Mukesh needs to pay two equal half-yearly installments of Rs. 6050 each at a 20% p.a. rate of compound interest. Find the total sum borrowed by him.