SSC SSC MTS & Havaldar Mock Test Series 2024 Quantitative Aptitude Interest Compound Interest

On a certain principal, the compound interest, compounded annually, for the second year at 20% per annum is Rs.1,300. The principal is (consider nearest integral value):

1
Rs.5,600
2
Rs.5,400
3
Rs.5,416
4
Rs.4,416
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