Amar invested a certain amount for 5 years and he got back an amount Rs.10,500. If the rate of simple interest is 20 percent then what is the principal amount invested by Amar?
1
Rs.5,275
2
Rs.4,250
3
Rs.5,250
4
Rs.5,350
5
None of these
Amar invested a certain amount for 5 years and he got back an amount Rs.10,500. If the rate of simple interest is 20 percent then what is the principal amount invested by Amar?