Related Questions

Reena took a loan of Tk. 1200 with simple interest for as many years as the rate of interest. If she paid Tk. 432 as interest at the end of the loan period, what was the rate of interest?
A 3.6
B 6
C 18
D None of these
Hasib took a loan of 1400 tk with simple interest for as many years as the rate of interest. If he paid 126 th as interest at the end of the loan period , what was the rate of interest?
A 3%
B 6%
C 9%
D 12%
Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of Interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?
A 3.6
B 6
C 18
D cannot be determined
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
A borrower pays 18% interest per year on the first Tk. 600 he borrows and 17% per year on the part of the loan in excess of Tk. 6000. How much interests will the borrower pay on a loan of Tk. 6000 for one year?
A 926
B 1020
C 1026
D 1080
R borrowed Rs. 1,200 at 13% per annum simple interest. What amount will R pay to clear the debt after 5 years?
A Rs.1,860
B Rs.1,800
C Rs.1,980
D Rs.2,000
A man took a loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Tk. 5400 interest only for period. The principal amount borrowed by him was:
A Tk. 20,000
B Tk. 200
C Tk. 10,000
D Tk. 15,000
A man took loan from a bank at the rate o f 12% p.a simple interest . After 3 years he had to pay Tk. 5400 interest only for the period. The principal amount borrowed by him was:
A TK. 20,000
B TK. 10,000
C Tk. 2000
D TK. 15,000
The simple interest received on a sum of money at the end of 10 years is two times of the principle. At the same rate of interest, what would be the ratio of principal and compound interest received at the end of two years?
A 25 :11
B 20 :11
C 20 : 9
D None of these
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?
A 40 Taka
B 60 Taka
C 100 Taka
D 120 Taka

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