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The compound interest on a certain su...

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

A

Rs. 400

B

Rs.500

C

Rs.600

D

Rs.800

Text Solution

Verified by Experts

The correct Answer is:
B
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