Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.1120?  Choose the correct choice from the following answers
A) 1000	B) 3889	C) 8908	D) 3780	E) 2709

Rationale: "1120 = p [ 1 + ( 5 * 12 / 5 ) / 100 ] p = 1000 answer : a"
Answer: A