Ram borrows a sum from Mohan at the rate of 8 % p.a. simple interest.After 2 years he had to pay Rs. 1600 as interest,only for the period.The principle amount borrowed by Ram was :

Ram borrows a sum from Mohan at the rate of 8 % p.a. simple interes

1.	Ram borrows a sum from Mohan at the rate of 8 % p.a. simple interest.After 2 years he had to pay Rs. 1600 as interest,only for the period.The principle amount borrowed by Ram was :
A.	Rs. 9500
B.	Rs. 11000
C.	Rs. 10000
D.	Rs. 10500
Answer» D. Rs. 10500

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Ram borrows a sum from Mohan at the rate of 8 % p.a. simple interest.After 2 years he had to pay Rs. 1600 as interest,only for the period.The principle amount borrowed by Ram was :

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