Question

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, the compound interest on the same at the same rate and for the same time is:­

A) Rs. 50.50 B) Rs. 51.25 C) Rs. 51.50 D) Rs. 50.05

Answer 1

Answer:

(A) is the correct answer

Step-by-step explanation:

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Answer 2

Answer:

A is the correct answer

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