If the annual rate of simple interest increases from 11% to \(17 \frac 1 2\%\), a person's yearly income increases by Rs. 1,071.20. The principal amount invested (in Rs.) is:

If the annual rate of simple interest increases from 11% to \(17 \fra

1.	If the annual rate of simple interest increases from 11% to \(17 \frac 1 2\%\), a person's yearly income increases by Rs. 1,071.20. The principal amount invested (in Rs.) is:
A.	16,480
B.	19,120
C.	17,250
D.	10,710
Answer» B. 19,120

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If the annual rate of simple interest increases from 11% to \(17 \frac 1 2\%\), a person's yearly income increases by Rs. 1,071.20. The principal amount invested (in Rs.) is:

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