If the annual rate of simple interest increases from 8% to 13%, a man – McqOptions

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1.	If the annual rate of simple interest increases from 8% to 13%, a man s yearly income increases by Rs. 4800. His principal (in Rs.) is:
A.	Rs.90,000
B.	Rs.96,000
C.	Rs.88,000
D.	Rs.1,00,000
E.	None of these
Answer» C. Rs.88,000

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