What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?  Options:	A) Rs.525	B) Rs.500	C) Rs.550	D) Rs.555	E) Rs.625
Explanation:   70 = (P*4*7/2)/100   P = 500   Answer IS Rs.500
<result>B</result>
What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?