Sarang invested some money in HDFC at 3% rate of interest. What would be the corresponding simple interest if after 2 years, Sarang got Rs. 101.50 as compound interest?

Sarang invested some money in HDFC at 3% rate of interest. What would

1.	Sarang invested some money in HDFC at 3% rate of interest. What would be the corresponding simple interest if after 2 years, Sarang got Rs. 101.50 as compound interest?
A.	Rs. 1015
B.	Rs. 125
C.	Rs. 100
D.	Rs. 150
Answer» D. Rs. 150

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Sarang invested some money in HDFC at 3% rate of interest. What would be the corresponding simple interest if after 2 years, Sarang got Rs. 101.50 as compound interest?

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