Three equal installments, each of Rs. 200, were paid at the end of each year…

TCS · 2025

Three equal installments, each of Rs. 200, were paid at the end of each year on a sum borrowed at 20% compound interest, compounded annually. Find the sum borrowed.

  1. A.

    Rs. 600

  2. B.

    Rs. 400

  3. C.

    Rs. 421.30

  4. D.

    Rs. 432.10

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