A buniessperson invest 2800 taka and earns 5% interest on some money and 4% interst on the rest of money. If the gets 128 taka as a profit at the end of the year, what is the amount of money on which he earns 5% interest?

A 1600
B 3200
C 3000
D 5600

Correct Answer: 1600

Bissoy MCQ

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The exchange rate is the ruling official rate of exchange of Taka for other currencies. It determines the value of Bangladeshi goods in relation to foreign foods. If the Taka is devalued in terms other currencies Bangladeshi exports (which are paid for in Taka ) become cheaper to foreigners and Bangladeshi imports become more expensive to holders of Taka. What conclusion can be drawn form the information above?

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