A man took loan from a bank at the rate of 4 % p.a. S.I. After 10 years he had to pay Rs. 2000 interest only for the period. The principal amount borrowed by him was?
Choose the correct choice from the following choices
A) 5000  B) 4500  C) 3200  D) 6000  E) 1592
Principal = (100 * 2000) / (4 * 10)   = Rs.5000   5000nswer: 5000
<result>A</result>
A man took loan from a bank at the rate of 4 % p.a. S.I. After 10 years he had to pay Rs. 2000 interest only for the period. The principal amount borrowed by him was?