If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, the compound interest on the same at the same rate and for the same time is:Â

If the simple interest on a sum of money for 2 years at 5% per annum i

1.	If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, the compound interest on the same at the same rate and for the same time is:Â
A.	Rs. 50.50
B.	Rs. 51.25
C.	Rs. 51.50
D.	Rs. 50.05
Answer» C. Rs. 51.50