Mathematics · Compound Interest
The compound interest on a certain sum for 2 years at 10% per annum is ₹525. What will be the simple interest on the same sum for double the time at half the rate percent per annum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹800
- 2₹600
- 3₹500✓
- 4₹400
Correct answer
₹500
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