Sohan received a sum at 12 % p.a. simple interest. After 5 years he returned the principal and interest. If he returned Rs. 16000. What was the principal amount?

Sohan received a sum at 12 % p.a. simple interest. After 5 years he

1.	Sohan received a sum at 12 % p.a. simple interest. After 5 years he returned the principal and interest. If he returned Rs. 16000. What was the principal amount?
A.	Rs. 9000
B.	Rs. 9500
C.	Rs. 10000
D.	Rs. 10500
Answer» D. Rs. 10500

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Sohan received a sum at 12 % p.a. simple interest. After 5 years he returned the principal and interest. If he returned Rs. 16000. What was the principal amount?

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