Correct Answer - Option 2 : Rs 2000

**Given **

Rate of Interest = 10% per annum

Time = 3 years

Profit of Man = Rs 300

**Formula Used **

Simple Interest = Principal × time × Rate/100

**Calculation**

⇒ let the amount he borrowed be x

⇒ 300 = [(x × 15 × 3)/100] - [(x × 10 × 3)/100]

⇒ 300 = x × 5 × 3/100

⇒ x = 2000

**∴ He borrowed Rs 2000 from the SBI bank **