Principal = Rs. (100 x 5400)/(12*3) = Rs. 15000.
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.

1) 15000
2) 2655
3) 16888
4) 6677
5) 1871