How long will it take for a amont of taka 450 to yeild take 81 as interest at 4.5% per annum of simple interest?

A 4years
B 4.5years
C 5years
D 5.5 years

Correct Answer: 5.5 years

সরল মুনাফার ক্ষেত্রে, I = Pnr 81 = 450 × n × 4.5/100 n = ( 81 × 100) / ( 450 × 4.5) = 4 বছর
Bissoy MCQ

Related Questions

The exchange rate is the ruling official rate of exchange of Taka for other currencies. It determines the value of Bangladeshi goods in relation to foreign foods. If the Taka is devalued in terms other currencies Bangladeshi exports (which are paid for in Taka ) become cheaper to foreigners and Bangladeshi imports become more expensive to holders of Taka. What conclusion can be drawn form the information above?

Next steps