A sum of money is borrowed and paid back in two annual instalments of ₹ 882 each allowing 5% compound… · ABC26GN4202

Principal $$\begin{aligned} = & (P . W . \text { of } ₹ 882 \text { due } 1 \text { year hence }) \\ & \quad+(\text { P.W. of } ₹ 882 \text { due } 2 \text { years hence }) \\ = & {\left[\frac{882}{\left(1+\frac{5}{100}\right)}+\frac{882}{\left(1+\frac{5}{100}\right)^{2}}\right] } \\ = & \left(\frac{882 \times 20}{21}+\frac{882 \times 400}{441}\right)=₹ 1640 . \end{aligned}$$