SI on a sum of money for 2yrs at 5% per annum is Rs.50, what is the CI on the same at the same rate & for the same time?
Choose the correct choice:
A) Rs. 34.24
B) Rs. 41.25
C) Rs. 51.25
D) Rs. 59
E) Rs. 65
Sum = Rs. 50 x 100 = Rs. 500.   2 x 5   Amount   = Rs. 500 x 1 +	5 2   100   = Rs. 500 x	21	x	21   20	20   = Rs. 551.25   C.I. = Rs. (551.25 - 500) = Rs. 51.25   Rs. 51.25
<result>C</result>
SI on a sum of money for 2yrs at 5% per annum is Rs.50, what is the CI on the same at the same rate & for the same time?