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?

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? 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

Related Questions

Ratan and Moinul have started a business investing taka 2.5 million and 3.5 million respectively. After 4 months Ratan gave in 5 lakh taka more while Moinul withdrew 5 lakh taka. If the year ending profit is 12.92 million taka what will be the profit share of Moinul in million taka?
Bank X pays a simple interest of TaKa 80 on principal o taka 1,000 annually . Bank y pays a simple interest of TaKa 140 on a principal of Taka 1000 annually . What is the ratio of the interest rates of Bank x to Bank y ?
Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.
A, a bank officer, got compulsorily retired in 2014. Since the bank authorities did not release the leave encashment in his favour, he filed writ petition WP 2001 (W) of 2017 in Ranchi High Court for the same and also for the interest on the unpaid amount. The writ petition was disposed of by a learned Single Judge in December 2018 directing the bank to release the privileged leave encashment benefits to the petitioner to the extent he was entitled to in accordance with law within a certain period. The prayer for interest was not specifically denied by the court. The bank filed an appeal against the order. The Division Bench of Ranchi High Court in February, 2019 declined to admit the appeal. The bank authorities released the leave encashment in favour of the petitioner. However, A files a writ petition again for a direction to the bank to disburse interest to A at the rate of 18% per annum on leave encashment released by the bank. This petition is covered under which of the following?
A man purchased equal number of banans at two different rates one at the rate of 8 taka per dozen and the other at the rate of 10 taka per dozen. After that , he sold those bananas at an average rate of 11 taka per dozen and thus made a profit of 100 taka. How many dozens of banana did he purchase altogether?
Given figures showing : Sales Taka 8,200, Opening inventory Taka 1,300, Closing inventory Taka 900, Purchases Taka 6+,400, Carriage inwards Taka 200, the cost of goods sold figure is :
At a photocopy center , the first 10 copies cost x taka each. Each of the next 50 copies costs 2 taka less per copy . From the 61 st copy on, the cost 1 Taka per copy, In terms of x how much does it cost in. Taka to have 200 copies made/
If taka 45000 was invested in a share when the price per share was taka 90 and taka 3000 was invested when the price per share was taka 60, what was the average price per share purchased?
Kalam has invested a part of 10,000 Taka in an account that pays 6% simple interest rate each year and rest of the money in another account that pays 8% simple interest per year. If he has invested the money for 18 months and he has invested the money for 18 months and he earns a total of 1,020 Taka as interest, what is the difference in the amount of the interest earned on both the accounts?
A money lender borrows money at 4% per annum and pays the interest at the end of the year. He lends it at 6% per annum compound interest compounded half yearly and receives the interest at the end of the year. In this way, he gains Rs. 104.50, a year. The amount of money be borrows, is ?