Question

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. Find the principal amount borrowed by him.

Answer 1

Si= P*R*T/100
5400=P*12*3/100
540000=36P
270000=18P
30000=2P
P=15000
THEREFORE principal = ₹15000(Ans)

Answer 2

Answer:

I am not sure but 15000(maybe)

Step-by-step explanation: