A. Rs. 2,000
B. Rs. 10,000
C. Rs. 15,000
D. Rs. 20,000
A man took a loan from a bank at 12% per annum simple interest. After 3 years, he had to pay Rs. 5,400 as interest for the period. What was the principal amount borrowed?
A. Rs. 2,000
B. Rs. 10,000
C. Rs. 15,000
D. Rs. 20,000