A loan was repaid in two annual instalments of Rs.112 each. If the rate of interest be 10% per annum compounded annually, the sum borrowed was :  Choose the correct choice from the following answers:  A) Rs.200  B) Rs.210  C) Rs.217.80  D) Rs.280  E) None
Principal = (Present value of Rs.121 due 1 year hence ) + (Present value of Rs.121 due 2 years hence )   = Rs. 121/(1+10/100)+121/(1+10/100)2 =Rs.210   Correct Option: Rs.210
<result>B</result>
A loan was repaid in two annual instalments of Rs.112 each. If the rate of interest be 10% per annum compounded annually, the sum borrowed was :