If the simple interest on a certain amount in at 4% rate 5 years amounted to Rs.2400 less than the principal. What was the principal?	Choices.
A) 1500
B) 2500
C) 2507
D) 3000
E) 11500
P - 2400 = (P*5*4)/100   P = 3000   Answer: 3000
<result>D</result>
If the simple interest on a certain amount in at 4% rate 5 years amounted to Rs.2400 less than the principal. What was the principal?