What will be the difference between simple and compound interest at 10% per annum on a sum of Tk.1000 after 4years?

A Tk.31
B Tk. 32.10
C Tk. 40.40
D Tk. 64.10

Correct Answer: Tk. 64.10

Hints: S.I = (100×10×4)/100 = 400 C.I = [ 1000(1 + {10/100})4 - 100] = 446.10 So, difference = 464.10 - 400 = 64.10 TK
Bissoy MCQ
#গণিত #সরল ও যৌগিক মুনাফা  (Simple & Compound interest) #Bangladesh Development Bank Ltd #Bangladesh Development Bank Ltd - Officer - 28.03.2014

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