Principal = (100 * 5400) / (12 * 3) = Rs. 15000
A man took loan from a bank at the rate of 12% p.a. S.I. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was?
Options:
A) 3887
B) 2768
C) 15000
D) 76887
E) 16711