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? | MCQ Hive

Mathematics Mcqs

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 A. Rs. 51.25
B B. Rs. 52
C C. Rs. 54.25
D D. Rs. 60

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