An amount invested at simple interest gives Rs. 2400 interest at rate of 12% in 5 years. What is the principal (in Rs.)?

An amount invested at simple interest gives Rs. 2400 interest at rate

1.	An amount invested at simple interest gives Rs. 2400 interest at rate of 12% in 5 years. What is the principal (in Rs.)?
A.	3000
B.	4000
C.	5000
D.	6000
Answer» C. 5000

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An amount invested at simple interest gives Rs. 2400 interest at rate of 12% in 5 years. What is the principal (in Rs.)?

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