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
D.Rs. 20,000
Answers
Answered by
0
C.Rs. 15,000 is the correct answer 110%
Similar questions