Question
Sri Gupta borrowed a sum at compound interest. What is the amount returned in 2 years ?
Sri Gupta borrowed a sum at compound interest. What is the amount returned in 2 years ?
I. The simple interest incurred on the sum in 1 year is 1200.
II. The borrowed sum is ten times the amount earned at simple interest in two years.
III. The rate of interest is 10% per annum.
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