Find the principle on a certain sum of money at 5% per annum for 2 2/5 – McqOptions

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1.	Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.1120?
A.	Rs.1000
B.	Rs.1100
C.	Rs.1050
D.	Rs.1200
Answer» B. Rs.1100

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