The principal which will amount to Rs. 270.40 in 2 years at the rate of 4% per annum compound interest is:

by

(A) Rs. 190
(B) Rs. 210
(C) Rs. 250 
(D) None of these

🧠 Explanation (Math):

Given: Amount = 270.40 after 2 years at 4% p.a. compound; find principal
Step 1: A = P(1.04)² ⇒ P = 270.40 / 1.0816
Step 2: Compute P = 250
Final Answer: Rs. 250