A. Rs. 15,000
B. Rs. 15,000
C. Rs. 7000
D. Rs. 40,000
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A man took loan from a bank at the rate of 12% 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:
A. Rs. 15,000
B. Rs. 15,000
C. Rs. 7000
D. Rs. 40,000
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