Explanation:

Explanation:

The interest for the second year is Rs 1,320.

The interest for the third year is Rs 1,452.The interest increases from Rs 1,320 to Rs 1,452, which indicates the principal grows by Rs 132 (i.e., the difference between the second and third year interest).

Interest Rate = (132/1320)*100 = 10%

Using 10% as the rate, we calculate the principal, P, at the start of the first year:

10% of P = 1,320

P = Rs 13,200

Hence correct answer is option A