Stream of consciousness rationale: P = (P*3*R)/100
R = 33 1/3%
The question and answer pair are described below.

Show your work and conclude with the exact phrasing "Therefore, the final answer is [answer]." where [answer] is just the final number or expression that solves the problem.
user
Q: In what time a sum of money double itself at 3% per annum simple interest?
Options:
(A) 33 1/7%
(B) 33 1/3%
(C) 33 1/2%
(D) 33 7/3%
(E) 33 5/3%
A: (B)