Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.1120?  Answers:
A) 1000
B) 289
C) 209
D) 280
E) 892
1120 = P [1 + (5*12/5)/100]   P= 1000   1000nswer: 1000
<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.1120?