Find the principle on a certain sum of money at 8% per annum for 2 2/5 years if the amount being Rs.1120?	Choose the correct answer.
A) 939.6 B) 928.8 C) 927.78 D) 926.82 E) 902.1
1120 = P [1 + (8*12/5)/100]   P=939.60   939.6nswer: 939.6
<result>A</result>
Find the principle on a certain sum of money at 8% per annum for 2 2/5 years if the amount being Rs.1120?