Sahil took a loan for 6 years at the rate of 5% per annum on Simple In – McqOptions

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1.	Sahil took a loan for 6 years at the rate of 5% per annum on Simple Interest, If the total interest paid was Rs. 1230, the principal was ?
A.	4100
B.	4200
C.	4300
D.	4400
Answer» B. 4200

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