Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.896? Choose one
A) 1000
B) 800
C) 2889
D) 2777
E) 2991

Rationale: "896 = p [ 1 + ( 5 * 12 / 5 ) / 100 ] p = 800 answer : b"
Answer: B