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The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the ra
Question

The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is :


A.

Rs. 400


B.

Rs. 500 


C.

Rs. 600


D.

Rs. 800

Correct option is B

Given CI for 2 years at 10% is Rs. 525.

CI formula:  

                   

Now, for Simple Interest at 5% for 4 years

                                                     

                     

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