What sum of money will produce Rs.70 as simple interest in 3 years at 3 1/2 percent?
Choose one:
A) 667 B) 500 C) 266 D) 288 E) 211
70 = (P*3*7/2)/100   P = 667   667nswer: 667
<result>A</result>
What sum of money will produce Rs.70 as simple interest in 3 years at 3 1/2 percent?