regulatoryBody RBI Assistant Prelims and Mains Mock Test 2023 Quantitative Aptitude Interest Installments
A sum of money is paid back in two annual instalments of Rs. 17640 each, allowing 5% compound interest when interest is compounded annually. Find the sum borrowed.
1
Rs. 32800
2
Rs. 30000
3
Rs. 35200
4
Rs. 33500
5
Rs. 32500