Difficulty: Easy
Correct Answer: ₹ 2000
Explanation:
Introduction / Context:
Given amount after a period under simple interest, find the original principal using A = P * (1 + r * t).
Given Data / Assumptions:
Concept / Approach:
A = P * (1 + r * t) ⇒ P = A / (1 + r * t).
Step-by-Step Solution:
1 + r * t = 1 + 0.135 * 4 = 1 + 0.54 = 1.54.P = 3080 / 1.54 = ₹ 2000.
Verification / Alternative check:
Compute SI = P * r * t = 2000 * 0.135 * 4 = 1080. Amount = 2000 + 1080 = 3080.
Why Other Options Are Wrong:
Other values do not reproduce amount 3080 when used in A = P * (1 + r * t).
Common Pitfalls:
Using compound formula mistakenly; here interest is simple.
Final Answer:
₹ 2000
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