Aptitude - Compound Interest - Discussion

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Q.

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?  .                          
A. Rs. 51.25 B. Rs. 52
C. Rs. 54.25 D. Rs. 60

Answer: Option A
Explaination:

 


Discussion

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