On fixed deposits, Bank X offers an interest of 13.5% per year and Bank Y offers 14.00% per annum. Arianna kept taka one million with Bank X for a year and Tatiana kept the same amount in Bank Y also for a year? How much did Arianna lose at the end of the year in taka?

A 5,000
B 6,000
C 4,500
D 5,500

Correct Answer: 5,000

Lost interest = P n r = 1000000 x 1 x (14% - 13.5%) = 1000000 x 0.5 / 100 =  5000 TK
Bissoy MCQ

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