Ram borrows a certain sum of money at 8% per annum simple interest and Rahim borrows Rs 2,000 at 5% per annum simple interest. If the interest at the end of 3 years is equal, then the amount borrowed by Ram is

Options

A. ₹ 1,250
B. ₹ 1,500
C. ₹ 2,000
D. ₹ 1,000

Answer

A