What sum of money will produce Rs.70 as simple interest in 5 years at 3 1/2 percent?
Choose the correct option
A) 400
B) 500
C) 367
D) 368
E) 339
70 = (P*5*7/2)/100   P = 400   400nswer: 400
<result>A</result>
What sum of money will produce Rs.70 as simple interest in 5 years at 3 1/2 percent?