A sum of money is lent at 8% compound interest. If the interest amount for the second year exceeds t….

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A sum of money is lent at 8% compound interest. If the interest amount for the second year exceeds that for the first year by Rs. 32, find the sum lent.

Options :-

1. Rs. 8000
2. Rs. 6000
3. Rs. 5000
4. Rs. 4000

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