Relevant Competitive Tests:
A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.
A. Rs.500
B. Rs.250
C. Rs.5012.50
D. Rs.5062.50
E. None of these.Correct Answer
Correct Option: E. None of these.
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