27. A sum of rupees x was borrowed and paid back in two equal yearly instalments, each || edu214
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27. A sum of rupees x was borrowed and paid back in two equal yearly installments, each of rupees 35,280. If the rate of interest was 5%, compounded annually. Then the value of x is:
A sum of Rs. x was borrowed and paid back in two equal yearly installments of Rs. 35,280. If the rate of interest was 5%, compounded annually. Then the value of x is:
(a) 64,400 (b) 65,600
(c) 64,800 (d) 65,400
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