The simple interest on a principal amount (in Rs. ) is Rs. 191 for a period of 5 years at the rate of 2% per annum. The principal amount (in Rs. ) is:

Correct option is A

Given:
Simple Interest = Rs. 191
Time = 5 years
Rate = 2% per annum
Formula Used:
​$$SI = \frac{P \times R \times T}{100}$$​​
Where SI = Simple Interest, P = Principal, R = Rate, T = Time
Solution:
Substitute the known values:
​$$191 = \frac{P \times 2 \times 5}{100}\\\ \\191 = \frac{10P}{100}\\\ \\P = \frac{191 \times 100}{10} = 1910 \\$$​​