At the end of 2 years, the difference between the simple interest and compound interest received on a sum of money is Rs. 500. At the end of 5 years under simple interest, double the sum of money become seven times the sum of money then what was the sum of money? (the rate of interest per annum was same in all the cases)

At the end of 2 years, the difference between the simple interest and

1.	At the end of 2 years, the difference between the simple interest and compound interest received on a sum of money is Rs. 500. At the end of 5 years under simple interest, double the sum of money become seven times the sum of money then what was the sum of money? (the rate of interest per annum was same in all the cases)
A.	Rs. 40000
B.	Rs. 20000
C.	Rs. 2000
D.	Rs. 10000
E.	None of these
Answer» D. Rs. 10000

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