A man took loan from a bank at the rate of 12% p.a. S.I. After 10 years he had to pay Rs. 1500 interest only for the period. The principal amount borrowed by him was?  Choose the correct choice from the following choices:
A) 1502	B) 1900	C) 1250	D) 1750	E) 2000
Principal = (100 * 1500) / (12 * 10)   = Rs.1250   Answer: 1250
<result>C</result>
A man took loan from a bank at the rate of 12% p.a. S.I. After 10 years he had to pay Rs. 1500 interest only for the period. The principal amount borrowed by him was?