Question

Radhika took loan from a bank at the rate of 12% p.a. simple interest. After 3 years she had to pay Rs. 10800 interest only for the period. The principal amount borrowed by him was:
A) Rs. 28000
B) Rs.30000
C) Rs. 32500
D) Rs. 22000
E) None of these

Answer 1

32500

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