Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.1008?  Choose the correct answer:  A) 900  B) 2217  C) 2889  D) 2777  E) 2991
1008 = P [1 + (5*12/5)/100]   P= 900   900nswer: 900
<result>A</result>
Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.1008?