A sum of Rs. 500 was lent for two years at 2% compound interest. The interest for two years will be∶

A sum of Rs. 500 was lent for two years at 2% compound interest. The i

1.	A sum of Rs. 500 was lent for two years at 2% compound interest. The interest for two years will be∶
A.	Rs. 20
B.	Rs. 25
C.	Rs. 50.20
D.	Rs. 20.20
Answer» E.

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A sum of Rs. 500 was lent for two years at 2% compound interest. The interest for two years will be∶

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