What sum of money will produce Rs.80 as simple interest in 4 years at 3 1/2 percent?  Choose the correct answer.
A) 263  B) 571.4  C) 367  D) 368  E) 339
80 = (P*4*7/2)/100   P = 571.4   Answer: 571.4
<result>B</result>
What sum of money will produce Rs.80 as simple interest in 4 years at 3 1/2 percent?