If compound interest on a sum for two years at 16 2/3% p.a. is Rs. 318.5, the simple interest (in Rs.) on the same sum at the same rate for years of time is

If compound interest on a sum for two years at 16 2/3% p.a. is Rs. 318.5, the simple interest (in Rs.) on the same sum at the same rate for years of time is

a) 350

b) 367.5

c) 318.5

d) 333.5

 Sol: