Mr.Raj got a loan at 11% p.a. SI. After 5 years he returned the princi – McqOptions

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1.	Mr.Raj got a loan at 11% p.a. SI. After 5 years he returned the principal along with interest. If he returns in all RS.12400/- what is the principal amount?
A.	9000
B.	8000
C.	8500
D.	10000
Answer» C. 8500

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