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Q:

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:   B) Rs. 51.25



Explanation:
Subject: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams
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