At a simple interest rate of 10% per year , how many years will it take for a principle amount of Tk. 500 to earn an interest amount of Tk. 100. ?

At a simple interest rate of 10% per year , how many years will it take for a principle amount of Tk. 500 to earn an interest amount of Tk. 100. ? Correct Answer 2

we know that, I = Pnr বা, 100 = 500 * n * 10/100 so, n = 2
Bissoy MCQ

Related Questions

Six men can earn as much as eight women ,two women can earn earn as much as three boys and four boys can earn as much as five girls.If a girl can earn Tk. 50 a day , what amount can a man earn in a day?
Six men can earn as much as eight women, two women can earn as much as three boys and four boys can earn as much as five girls. If a girl can earn Tk. 50 a day, what amount can a man earn in a day?
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)
If 6 persons working 8 hours a day earn a day earn Tk. 8400 per week,then 9 persons working 6 hours a day will earn per week----
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?
Mr.khan invested an amount of TK. 13,900 divided into two different schemes A and B at a simple interest rate of 14% per annum and 11% per annum respectively. If the total amount of simple interest earned in 2 years be Tk. 3,508, what was the amount invested in Scheme B?
A sum of Tk. 12,500 amounts to Tk. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?
বাট্টা প্রদানের ফলে প্রতিষ্ঠানের আর্থিক বিবরণীতে-i. ব্যয় বৃদ্ধি ২,০০০ টাকা, সম্পদ হ্রাস ৫০০ টাকাii. সম্পদ হ্রাস ৫০০ টাকা, ব্যয় বৃদ্ধি ৫০০ টাকা iii. নগদ বৃদ্ধি ১৫,৫০০ টাকা, মালিকানা স্বত্ত্ব হ্রাস ৫০০ টাকা। নিচের কোনটি সঠিক?
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 ?
The simple interest on a certain sum of money for 2 1/2 years at 12% per annum is TK. 40 less than the simple interest on the same interest on the same sum for 3 1/2 years at 10% per annum. Find the sum.