A man took a loan from a bank at the rate of 10% p.a. simple interest.After 3 years he had to pay Rs. 5400 interest only for the period.The principal amount borrowed by him was :  Choose the correct choice from the following answers
A) Rs. 2000
B) Rs. 10,000
C) Rs. 18,000
D) Rs. 20,000
E) None
Solution   Principal = Rs.(100x5400/10x3)= Rs. 18000.   Answer Rs. 18,000
<result>C</result>
A man took a loan from a bank at the rate of 10% p.a. simple interest.After 3 years he had to pay Rs. 5400 interest only for the period.The principal amount borrowed by him was :