Question

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 60, what is the compound interest on the same at the same
rate and for the same time?
d
Select one:
a. Rs. 63.5
O b. Rs. 62
O C. Rs.61.5
O d. Rs. 64​

Answer 1

Answer:

62

Step-by-step explanation:

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