A: Simple interest on a certain amount in at 4% rate 5 years amounted to Rs.2160 less than the principal. What was the principal? The answer is (C).
Answer the following multiple choice question with options (a), (b), (c), (d), (e) by reasoning step-by-step.
Q:If the simple interest on a certain amount in at 4% rate 5 years amounted to Rs.2160 less than the principal. What was the principal? Answer Choices: A)1500 B)2500 C)2700 D)3200 E)11500