Samad was planning on depositing a certain amount of money each month into a bank. He then decided not to make any contributions during May and June. To make the same annual contribution that he had originally planned, by what percent should he increase his monthly deposits?

A 16.66%
B 20%
C 25%
D 33%

Correct Answer: 20%

Let, amount of monthly deposit is Tk. 100 Amount of yearly deposite = 12×100 = Tk. 1200 In 10 month amount of deposit Tk. 1200 In 1 month amount of deposit Tk. 1200/10 = 120 Percentage increase in monthly deposit = 120 - 100 = 20 %
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An investor has a total capital of TA. 13,00,000 He invested a part of it in 3 percent annual interest and the reminder at 4 percent annual interest rate. If his annual interest amount was Tk. 44.00 how much did he invest in each?

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