Step 1: Understand Plug Setting Multiplier (PSM)
PSM is defined as:
\[
\text{PSM} = \frac{\text{Fault Current (CT secondary)}}{\text{Relay Pick-up Current}}
\]
Step 2: Convert Fault Current to CT Secondary
CT ratio = 400:5, so:
\[
\text{CT secondary current} = \frac{2000}{400} \times 5 = 25\ \text{A}
\]
Step 3: Calculate Relay Pick-Up Current
Relay setting = 50% → 50% of 5 A = 2.5 A
Step 4: Apply Formula
\[
\text{PSM} = \frac{25}{2.5} = 10
\]
Step 5: Multiply PSM with Plug Setting (Relay Current)
Plug setting current = 5 A, so:
\[
\text{Plug Setting Multiplier Current} = 5 \times 8 = \boxed{40\ \text{A}}
\]
Conclusion:
Option (3) is correct — the plug setting multiplier gives 40 A.