What sum of money will produce Rs.60 as simple interest in 4 years at 3 1/2 percent?	Choose the correct choice from the following:
A) 337
B) 429
C) 266
D) 288
E) 211
60 = (P*4*7/2)/100   P = 429   Answer: 429
<result>B</result>
What sum of money will produce Rs.60 as simple interest in 4 years at 3 1/2 percent?