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?  Options: A) Rs.51.25 B) Rs.52 C) Rs.54.25 D) Rs.60 E) None
Solution   Sum	=Rs.(50 x 100/2x5)   = Rs. 500.   Amount	=[Rs.(500 x(1+5/100)²]   = Rs(500x21/20x21/20).   =Rs. 551.25   C.I	= Rs. (551.25 - 500)   = Rs. 51.25   Rs.51.25nswer Rs.51.25
<result>A</result>
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?