Find the principle on a certain sum of money at 5% per annum for 3 1/5 years if the amount being Rs.2030? Select
A) rs . 2000	B) rs . 1750	C) rs . 2010	D) rs . 2005	E) none of these

Rationale: "explanation : 2030 = p [ 1 + ( 5 * 16 / 5 ) / 100 ] p = 1750 answer : option b"
Answer: B