A person lent a certain sum of money at 4% per annum at simple interest and in 8 years the interest amounted to Rs.238 less than the sum lent. What was the sum lent?	Select the correct option
A) 228 B) 350 C) 289 D) 500 E) 821
P - 238 = (P*4*8)/100   P = 350   Answer: 350
<result>B</result>
A person lent a certain sum of money at 4% per annum at simple interest and in 8 years the interest amounted to Rs.238 less than the sum lent. What was the sum lent?