If the compound interest on a sum for $2$ years at $12 \frac{1}{2} \%$ per annum is ₹ $510$,the simple interest (in ₹) on the same sum at the same rate for the same period of time is:

  • A
    $400$
  • B
    $450$
  • C
    $460$
  • D
    $480$

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