A certain sum when invested at 5% interest compounded annual

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For the following questions answer them individually

A certain sum when invested at 5% interest compounded annually for 3 years yields an interest of Rs. 2,522. Find the Principal?

[RRB NTPC 29 March 2016 Shift 1]

A Rs. 12,522

B Rs. 15,200

C Rs. 16,000

D Rs. 17,200