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What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?
- A525
- B500
- C550
- D555
Correct answer: B
Discussion 1
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CCommunity
500
70 = (P*4*7/2)/100
P = 500
70 = (P*4*7/2)/100
P = 500