What sum of money will produce Rs.70 as simple interest in 3 years at 3 1/2 percent?  Answers: A) 263 B) 500 C) 367 D) 368 E) 666.7
70 = (P*3*7/2)/100   P = 666.7   Answer: 666.7
<result>E</result>
What sum of money will produce Rs.70 as simple interest in 3 years at 3 1/2 percent?