In what time a sum of money double itself at 3% per annum simple interest?	Pick.
A) 33 1/4% B) 33 1/3% C) 33 7/3% D) 33 5/3% E) 33 1/7%
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?