Related Questions

Arman wanted to have Tk. 39,200 as interest after 5 years. He has invested an amount in an account for 1 year at 8% interest rate. From the 2nd year, he invested the principal amount in another account offering 10% interest for 3 years. At the beginning of the fifth year he invested the Principal amount in another account at the rate of 11%. What was the principal amount? (assume simple interest rate)
A Tk. 50,000
B Tk. 80,000
C Tk. 70,000
D Tk. 90,000
E None of them
As a salesperson, Poly can choose one of two methods of annual payment either an annual salary of Tk. 35,000 with no commission or an annual salary of Tk. 10,000 plus a 20 percent commission on her total annual sales. What must her total annual sales be to give her the same annual pay with either method?
A Tk.100,000
B Tk. 120,000
C Tk. 125,000
D Tk. 130,000
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?
A Tk. 5,00,000 in 3% and 8,00,000 in 4%
B Tk. 4,00,000 in 3% and 9,00,000 in 4%
C Tk. 9,00,000 in 3% and 4,00,000 in 4%
D TK. 8,00,000 in 3% and 5,00,000 in 4%
Select the correct answer choice of the following Question : "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. 44,000 how much did he invest in each?"
A Tk, 5,00,000 in 3% and 8,00,000 in 4%
B Tk. 4,00,000 in 3% and 9,00,000 in 4%
C Tk. 9,00,000 in 3% and 4,00,000 in 4%
D Tk. 8,00,000 in 3% and 5,00,000 in 4%
In the following sentence the word principal' occurs three times "The principal (1) aim of the principal (2) of the college was to help build new roads to link the area's principal (3)schools" Indicate the use(s) in which the meaning of the word “Principal is ‘chief or main',
A Use (1)
B Use(2)
C Use (3)
D Both (1) & (3)
If 4 years' interest of Principal tk.500 and 5 years interest of Principal Tk. 600 are Tk. 500 in total , what is the rate of interest ?
A 5%
B 8%
C 10%
D 12%
What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest?
A Effective rate of interest
B Nominal rate of interest
C Compound interest
D Simple interest
What is the difference between the amount of interest eamed on a principal of Tk. 100 for 2 years at 10% simple interest rate and 10% compounding interest rate?
A Tk. 121
B Tk. 120
C Tk. 2
D Tk. 1
A sum fetches a simple interest of Tk. 6000 at the rate of 5% p.a. in 6 years . what would be the compound interest earned at the same rate of interest and the same principal in 2 years?
A Tk. 2050
B Tk. 2500
C Tk. 2125
D Tk. 2245
The amount of simple interest during 'n' interest period is (where, i = interest rate based on the length of one interest period, p = principal)
A P.i.n.
B P(1 + i.n)
C P(1 + i)n
D P(1 - i.n)

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