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     EduGorilla 
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    Richa borrowed a certain amount from Priya at a rate of 10% compounded annually. She paid Rs. 11,000 at the end of the 1st year and Rs. 60,500 at the end of the second year and cleared the loan. What was the amount borrowed by Richa from Priya?

    Options :-

    1. Rs. 50,000
    2. Rs. 55,000
    3. Rs. 60,000
    4. Rs. 65,000
    5. Rs. 70,000
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