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Q. A man borrowed some money and agreed to pay-off by paying Rs. 3150 at the end of the 1st year and Rs. 4410 at the end of the 2nd year. If the rate of compound interest is 5% per annum, then the sum is ?

  • (A) Rs. 5000
  • (B) Rs. 6500
  • (C) Rs. 7000
  • (D) Rs. 9200
  • Correct Answer - Option(C)
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