A man took loan from a bank at the rate of 12% p.a. S.I. After 20 years he had to pay Rs. 1500 interest only for the period. The principal amount borrowed by him was?	Choose the correct choice
A) 625  B) 700  C) 950  D) 825  E) 630
Principal = (100 * 1500) / (12 * 20)   = Rs.625   625nswer: 625
<result>A</result>
A man took loan from a bank at the rate of 12% p.a. S.I. After 20 years he had to pay Rs. 1500 interest only for the period. The principal amount borrowed by him was?