In what time a sum of money double itself at 3% per annum simple interest? Choose the correct option:  A) 33 1/8%  B) 33 1/3%  C) 33 3/3%  D) 33 1/7%  E) 32 1/3%
P = (P*3*R)/100   R = 33 1/3%   Answer: 33 1/3%
<result>B</result>
In what time a sum of money double itself at 3% per annum simple interest?