A

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Q. A sum of money is paid back in two annual instalments of Rs. 17, 640 each, allowing 5% compound interest compounded annually. The sum borrowed was ?

  • (A) Rs. 32,800
  • (B) Rs. 32,200
  • (C) Rs. 32,000
  • (D) Rs. 32,400
  • Correct Answer - Option(A)
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