What sum of money will produce Rs.210 as simple interest in 4 years at 3 1/2 percent?
Choose the correct choice from the following: A) rs . 2500 B) rs . 1500 C) rs . 1400 D) rs . 1600 E) rs . 1300

Rationale: 210 = ( p * 4 * 7 / 2 ) / 100 p = 1500 answer : b
Answer: B