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Educational materials for IPMAT and IIMB UG preparation
5 years, 12 months ago
A person borrowed a certain sum at 10% p.a. for three years, interest being compounded annually. At the end of two years, he repaid a sum of 76,634 and at the end of the third year. he cleared off the debt by paying R13,200, What was the sum borrowed by him?
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