Q42
A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was:
A.
Rs. 2000
B.
Rs. 10,000
C.
Rs. 15,000
AnswerD.
Rs. 20,000
Answer: Option C
Solution
Answer: Option C
Solution: