Mathematics for FinanceMTP Jun 23Question 1387 of 479
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If the compound interest on a certain sum of money for 2\displaystyle 2 years at 5%\displaystyle 5\% p.a. be 50.44\displaystyle 50.44, then the simple interest (S.I.) is

Options

A50\displaystyle 50
B49\displaystyle 49
C48\displaystyle 48
DNone of these
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Correct Answer

Option c48\displaystyle 48

All Options:

  • A50\displaystyle 50
  • B49\displaystyle 49
  • C48\displaystyle 48
  • DNone of these

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