Mohit borrowed Rs. 7,500 from Sohan at 8% per annum compound interest. After 2 years Mohit gave Rs. 6248 and an old TV set to search his account. Find the cost of the TV set.
a) Rs. 2900
b) Rs. 3200
c) Rs. 4500
d) Rs. 2500
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Answer:
correct option is D
Rs. 2500
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