What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent? Select.
A) 500
B) 520
C) 600
D) 300
E) 250
70 = (P*4*7/2)/100   P = 500   500NSWER 500
<result>A</result>
What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?