Find the principle on a certain sum of money at 5% per annum for 3 years if the amount being Rs.1120? Options
A) 974
B) 1067
C) 1977
D) 1056
E) 1097
1120 = P [1 + (5*3)/100]   P= 974   974nswer: 974
<result>A</result>
Find the principle on a certain sum of money at 5% per annum for 3 years if the amount being Rs.1120?