Question

If the compound interest on a certain
sum for 2 yr at 3% per annum is
101.50, then the simple interest on
the same sum at the same rate and
for the same time will be
(a) 90.00 (b) 95.50
(c) 100.00 (d) 98.25​

Answer 1

Answer:C. 100.00

Step-by-step explanation:

By calculating CI got principal.

Then, SI=p*t*r/100=100.00