What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?
Choose the correct choice.
A) 500 B) 550 C) 600 D) 650 E) 700
70 = (P*4*7/2)/100   P = 500   500NSWER 500
<result>A</result>
What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?