What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?	Select:  A) 266  B) 500  C) 287  D) 26  E) 281
70 = (P*4*7/2)/100   P = 500   Answer: 500
<result>B</result>
What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?