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A sum was borrowed at 20% compound interest. It was repaid in 3 annual installments with each installment being paid at the end of the year. The first, second and third installments were Rs 1200, Rs 1440 and Rs 1728 respectively. Find the total amount borrowed by him?a)4500b)3000c)2500d)3300e)2800Correct answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A sum was borrowed at 20% compound interest. It was repaid in 3 annual installments with each installment being paid at the end of the year. The first, second and third installments were Rs 1200, Rs 1440 and Rs 1728 respectively. Find the total amount borrowed by him?a)4500b)3000c)2500d)3300e)2800Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sum was borrowed at 20% compound interest. It was repaid in 3 annual installments with each installment being paid at the end of the year. The first, second and third installments were Rs 1200, Rs 1440 and Rs 1728 respectively. Find the total amount borrowed by him?a)4500b)3000c)2500d)3300e)2800Correct answer is option 'B'. Can you explain this answer?.

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