Q: In what time a sum of money double itself at 3% per annum simple interest?\nOptions:\n(A) 36 1/3%\n(B) 33 1/3%\n(C) 33 1/6%\n(D) 63 1/3%\n(E) 23 1/3% Let's give some random thoughts before answering.
User
P = (P*3*R)/100\nR = 33 1/3%
Therefore, the answer is (B).
Assistant