Mathematics for FinanceMTP Sep 24Question 1430 of 422
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If the compound interest on a certain sum of money for $2$ years at $4\%$ p.a. be $510$, then its simple interest at same time at same rate of interest is

Options

A$500$
B$510$
C$1000$
DNone of these
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Correct Answer

Option a$500$

All Options:

  • A$500$
  • B$510$
  • C$1000$
  • DNone of these

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