Q130
A person borrowed some money on compound interest and returned it in 3 equal annual instalments. If the rate of interest is 15% per annum and the annual instalment is Rs. 12,167, then find the sum borrowed.
A.
Rs. 27,780
AnswerB.
Rs. 28,530
C.
Rs. 25,780
D.
Rs. 26,970
Answer: Option A
Solution
Answer: Option A
No explanation is given for this question Let's Discuss on Board