Ramesh has to pay Rs. 1261 as compound interest for 3 years at 5% per – McqOptions

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1.	Ramesh has to pay Rs. 1261 as compound interest for 3 years at 5% per annum. Find the principal he lent:
A.	Rs. 6000
B.	Rs. 7500
C.	Rs. 8000
D.	Rs. 9000
Answer» D. Rs. 9000

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