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  4. A certain sum amounts to ₹ 7935 in 2 years and ₹9125.25 in 3 years, under compound interest. Find the sum borrowed if interest is compounded annually (in ₹).

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Q. A certain sum amounts to $₹ 7935$ in 2 years and ₹9125.25 in 3 years, under compound interest. Find the sum borrowed if interest is compounded annually (in ₹).

Simple Interest and Compound Interest

Solution:

Correct answer is (a) 6000