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Q. 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:

  • (A) Rs. 400
  • (B) Rs. 500
  • (C) Rs. 600
  • (D) Rs. 800
  • Correct Answer - Option(B)
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