Question

and at 10% p.a. CO
10. Mohit borrowed a certain sum at 5% per
annum compound interest and cleared this
loan by paying 12,600 at the end of the first
year and * 17,640 at the end of the second
year. Find the sum borrowed.
For 12,600 : A = 12,600; r = 5% and
n = 1 year. Find the sum (P).
For * 17,640 : A = * 17,640; r = 5% and
2 years. Find the sum (P).
Required answer is the addition of the two
sums obtained above
n =​

Answer 1

Answer:

280

Step-by-step explanation:

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