Question

14. If the simple interest on a sum of money for
2 years at 5% per annum is Rs. 50, what will be the
compound interest on the same sum at the same
rate for the same time.​

Answer 1

Answer:

51.25

Step-by-step explanation:

10×P=50×100

P=500

For C.I

r=10.25%

C.I=500×10.25/100

C.I=51.25