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A man borrowed a sum of money for 2 years at 10% p.a. compounded annually. If at the end of 2 years, the man gave Rs. 60500. Find the sum of money borrowed.a)Rs. 40000b)Rs. 50000c)Rs. 55000d)Rs. 45000Correct answer is option 'B'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about A man borrowed a sum of money for 2 years at 10% p.a. compounded annually. If at the end of 2 years, the man gave Rs. 60500. Find the sum of money borrowed.a)Rs. 40000b)Rs. 50000c)Rs. 55000d)Rs. 45000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man borrowed a sum of money for 2 years at 10% p.a. compounded annually. If at the end of 2 years, the man gave Rs. 60500. Find the sum of money borrowed.a)Rs. 40000b)Rs. 50000c)Rs. 55000d)Rs. 45000Correct answer is option 'B'. Can you explain this answer?.

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