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?
A47.5
B51.25
C52.5
D61
A47.5
B51.25
C52.5
D61
Related Questions:
Find the compound interest on ₹20,000 at 20% p.a for years compounded half-yearly.