Mathematics · Compound Interest
Mohit borrowed some money from Kamal at 5% per annum compound interest. If after 2 years, he paid ₹ 768.75 as compound interest, how much money did he borrow?
- 1₹ 7000
- 2₹ 8000
- 3₹ 8500
- 4₹ 7500✓
Correct answer
₹ 7500
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