A man took a loan at rate of 12% per annum simple interest. After 3 years he had to pay 9000 interest. The principal amount borrowed by him was.  Choose one.
A) Rs 14000 B) Rs 25000 C) Rs 16000 D) Rs 17000 E) None of these
Explanation:   S.I.=Pâˆ—Râˆ—T/100   =&gt;P=S.I.âˆ—100/Râˆ—T   =&gt;P=9000âˆ—100/12âˆ—3=Rs25000   Option Rs 25000
<result>B</result>
A man took a loan at rate of 12% per annum simple interest. After 3 years he had to pay 9000 interest. The principal amount borrowed by him was.