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A man took a 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 [Wrong Answer] |
B. | Rs. 10,000 [Wrong Answer] |
C. | Rs. 15,000 [Correct Answer] |
D. | Rs. 20,000 [Wrong Answer] |