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Question

SIMPLE INTEREST :

 

A man gets a simple interest of 500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate?

  • Rs.500
  • Rs.250
  • Rs.5012.50
  • Rs.5062.50
  • None of these
Answer- E

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