The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525.

Question

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:

Options:

A . Rs. 400

B . Rs. 500

C . Rs. 600

D . Rs. 800

Answer: Option B

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