Mathematics · Interest
Jhonti borrowed some amount from a bank at a 6% annual compound interest rate. If he repaid his loan by paying ₹10,000 at the end of 2 years, what was the amount he had borrowed? [Round off your answer to the nearest integer]
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹8900✓
- 2₹8800
- 3₹8600
- 4₹8700
Correct answer
₹8900
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