Given the following reasoning and answer, what was the question? P = (P*8*R)/100
R = 12 1/2%
The answer: (E)
The question In what time a sum of money double itself at 8% per annum simple interest?
Options:
(A) 33 1/8%
(B) 33 1/3%
(C) 33 7/3%
(D) 32 1/3%
(E) 12 1/2%