In what time a sum of money double itself at 3% per annum simple interest?\nOptions:\n(A) 33 1/8%\n(B) 33 1/3%\n(C) 33 7/3%\n(D) 32 1/3%\n(E) 23 1/3% Let's think first. Stream of consciousness:
User
P = (P*3*R)/100\nR = 33 1/3%
So, the answer is (B).
Assistant