A man took loan from a bank at the rate of 12% p.a. simple i

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A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5,400 interest only for the period. The principal amount borrowed by him was

[DSSSB TGT 2014 (Social Science)]

A Rs. 2,000

B Rs. 8,032.50

C Rs. 15,000

D Rs. 20,000