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 at the same rate and for the same time?

Arithmetic Aptitude

1)	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 at the same rate and for the same time?

A) 51.25
B) 58.35
C) 54.45
D) 57.35

Next

More Question

A dishonest shopkeeper professes to sell pulses at the cost price, but he uses a false weight of 950gm. for a kg. His gain is

In a group of buffaloes and ducks, the number of legs are 24 more than twice the number of heads. What is the number of buffaloes in the group

A shopkeeper fixes the marked price of an item 35 above its cost price. The percentage of discount allowed to gain 8 is

An uneducated retailer marks all its goods at 50 above the cost price and thinking that he will still make 25 profit, offers a discount of 25 on the market price. What is the actual profit on the sales

A library has an average of 510 visitors on sundays and 240 on other days. The average number of visitors per day in a month of 30 days beginning with a sunday is