If the simple interest earned in 3 years at 5% per annum is ₹1,500, what was the principal amount?

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) ₹7,000
  2. (B) ₹8,000
  3. (C) ₹9,000
  4. (D) ₹10,000

Verified Answer

Option (D): ₹10,000


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