The correct option is:
₹ 1,900
Concise Solution:
- Find Simple Interest (SI) for 2 years:
SI for 2 years=Amount in 5 years−Amount in 3 years
SI for 2 years=2,660−2,356=₹ 304
- Find SI for 1 year:
SI for 1 year=2304=₹ 152
- Find SI for 3 years:
SI for 3 years=152×3=₹ 456
- Calculate the Principal (Sum):
Principal=Amount in 3 years−SI for 3 years
Principal=2,356−456=₹ 1,900