Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.1456?  Select:
A) 1000	B) 2217	C) 2889	D) 2777	E) 1300

Rationale: "1456 = p [ 1 + ( 5 * 12 / 5 ) / 100 ] p = 1300 answer : e"
Answer: E