hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
Home
arrow
Quantitative Aptitude
arrow
Simple & Compound Interest
arrow
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 sum at the same rate and for
Question

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 sum at the same rate and for the same time?


A.

Rs. 51.25 


B.

Rs. 52


C.


Rs. 54.25


D.

​Rs. 60​

Correct option is A

Simple Interest formula: 

                                             

 

Given SI = 50 for 2 years at 5%, so 

                                                           

Compound Interest formula: 

                                                    

           

Free Tests

Free
Must Attempt
Video Solutions

RBI Assistant Pre 2026 Full Mock Test -01

languageIcon English
  • pdpQsnIcon100 Questions
  • pdpsheetsIcon100 Marks
  • timerIcon60 Mins
languageIcon English
Free
Must Attempt
Video Solutions

RBI Asst Prelims 2026 : Reasoning Section Test 01

languageIcon English
  • pdpQsnIcon35 Questions
  • pdpsheetsIcon35 Marks
  • timerIcon20 Mins
languageIcon English
Free
Must Attempt

Odia Grammar Chapter Test

languageIcon English
  • pdpQsnIcon10 Questions
  • pdpsheetsIcon10 Marks
  • timerIcon7 Mins
languageIcon English

Similar Questions

test-prime-package

Access ‘Odisha Police SI’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
BUY NOW
students-icon
354k+ students have already unlocked exclusive benefits with Test Prime!

Suggested Test Series

RBI Assistant 2026 Mock Test Series
RBI Assistant 2026 Mock Test Series
367 Tests + 2 Free Tests
button-right
Odisha Junior Teacher (Category I & II) 2026 Mock Test
Odisha Junior Teacher (Category I & II) 2026 Mock Test
48 Tests + 1 Free Tests
button-right
OSSC CGL (Pre + Mains) Mock 2026
OSSC CGL (Pre + Mains) Mock 2026
149 Tests + 3 Free Tests
button-right
OSSSC Forester, FG, Excise Constable 2026 Mock Test
OSSSC Forester, FG, Excise Constable 2026 Mock Test
109 Tests + 3 Free Tests
button-right
OSSSC RI, ARI, AMIN, SFS, ICDS Supervisor 2026 Mock Test
OSSSC RI, ARI, AMIN, SFS, ICDS Supervisor 2026 Mock Test
119 Tests + 3 Free Tests
button-right
test-prime-package

Access ‘Odisha Police SI’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
BUY NOW
students-icon
354k+ students have already unlocked exclusive benefits with Test Prime!

Suggested Test Series

RBI Assistant 2026 Mock Test Series
RBI Assistant 2026 Mock Test Series
367 Tests + 2 Free Tests
button-right
Odisha Junior Teacher (Category I & II) 2026 Mock Test
Odisha Junior Teacher (Category I & II) 2026 Mock Test
48 Tests + 1 Free Tests
button-right
OSSC CGL (Pre + Mains) Mock 2026
OSSC CGL (Pre + Mains) Mock 2026
149 Tests + 3 Free Tests
button-right
OSSSC Forester, FG, Excise Constable 2026 Mock Test
OSSSC Forester, FG, Excise Constable 2026 Mock Test
109 Tests + 3 Free Tests
button-right
OSSSC RI, ARI, AMIN, SFS, ICDS Supervisor 2026 Mock Test
OSSSC RI, ARI, AMIN, SFS, ICDS Supervisor 2026 Mock Test
119 Tests + 3 Free Tests
button-right
Our Plans
Monthsup-arrow
BUY NOW