The maturity value after three years, of a certain sum at 15%p.a simple interest is Rs.8,700/-. Find the principal amount.

The maturity value after three years, of a certain sum at 15%p.a simpl

1.	The maturity value after three years, of a certain sum at 15%p.a simple interest is Rs.8,700/-. Find the principal amount.
A.	Rs.5,000
B.	Rs.6,000
C.	Rs.5,500
D.	Rs.6,500
Answer» C. Rs.5,500