Find the principle on a certain sum of money at 11% per annum for 2 2/5 years if the amount being Rs.1120? Pick
A) 1000  B) 812.88  C) 827.78  D) 826.82  E) 886.08

Rationale: "1120 = p [ 1 + ( 5 * 12 / 5 ) / 100 ] p = 886.08 answer : e"
Answer: E