The compound interest on a certain sum for 2 years at 10% per annum is ₹ 525. The simple interest on the same sum for double the time at half the…

CA Foundation · Quantitative Aptitude · PYQS · May 2025
The compound interest on a certain sum for 2 years at 10% per annum is ₹ 525. The simple interest on the same sum for double the time at half the rate percent per annum is -
(A) A. ₹ 400
(B) B. ₹ 500
(C) C. ₹ 600
(D) D. ₹ 800

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. ₹ 500

Topics: Part-A: Business Mathematics

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