question_answer

Anil deposited some money in a savings account. He got \[\text{Rs}\] 120 as simple interest after 5 years. If the interest was calculated at the rate of 3% p.a., what was the amount that he deposited?

A)  \[\text{Rs}\]900         

B)    \[\text{Rs}\]800         

C)  \[\text{Rs}\]600         

D)  \[\text{Rs}\] 200