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If the compound interest on a sum for 2 ...

If the compound interest on a sum for 2 years at `12(1)/(2)%` per annum is Rs 510, the simple interest on the same sum at the same rate for the same period of time is

A

Rs. 400

B

Rs. 480

C

Rs. 450

D

Rs. 460

Text Solution

Verified by Experts

The correct Answer is:
B
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