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Amit took a loan of a certain amount at 16.66% per annum compound interest for 3 years. He deposited Rs
10500 at the end of 2

By Ivy

Amit took a loan of a certain amount at 16.66% per annum compound interest for 3 years. He deposited Rs
10500 at the end of 2 years and cleared his debt by paying Rs 4900 at the end of the third year. Find the
loan amount?​

About the author
Ivy

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