What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent? Choose one:
A) 288	B) 500	C) 299	D) 2766	E) 2912
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?