In this paper, we propose a low complexity architecture design methodology for fixed point root and power computations. The state of the art approaches perform the root and power computations based on the natural logarithm-exponential relation using Hyperbolic COordinate Rotation DIgital Computer (CORDIC). In this paper, any root and power computations have been performed using binary logarithm-binary inverse logarithm relation. The designs are modeled using VHDL for fixed point numbers and synthesized under the T SMC40-nm CMOS technology @ 1 GHz frequency. The synthesis results shows that the proposed N^th root computation saves 19.38% on chip area and 15.86% power consumption when compared with the state of the art architecture for root computation without compromising the computational accuracy. Similarly, the proposed N^th power computation saves 38% on chip area, 35.67% power consumption when compared with the state of the art power computation with out loss in accuracy. The proposed root and power computation designs save 8 clock cycle latency when compared with the state of the art implementations.