A lady took loan from a bank at the rate of 12% p.a. simple interest. After 3 years she had to pay Rs. 5400 interest only for the period. The principal amount borrowed by her was :  Pick:
A) Rs. 15,000
B) Rs. 1,50,000
C) Rs. 1500
D) Rs. 1,62,000
E) None of these
Explanation:   Principal = Rs.(100 x 5400)/(12 x 3)= Rs. 15000.   Rs. 15,000nswer IS Rs. 15,000
<result>A</result>
A lady took loan from a bank at the rate of 12% p.a. simple interest. After 3 years she had to pay Rs. 5400 interest only for the period. The principal amount borrowed by her was :