Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.1792?
Choose the correct choice from the following answers:
A) 1600	B) 2777	C) 2889	D) 27670	E) 2771
1792 = P [1 + (5*12/5)/100]   P= 1600.1600nswer:1600
<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.1792?