Related Questions

A man saves $ 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?
A $ 662
B $ 665.01
C $ 662.02
D $ 662.03
A man saves Tk 20,000 in 10 years. He saves Tk 200 more every year than the previous year, except the first year. How much does he save in the first year?
A 1200 Tk
B 1100 Tk
C 1000 Tk
D 500 Tk
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
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
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
Two men and women are entrusted with a task. The second man needs three hours more to cope up with the job than the second man and the woman would need working together. The first man, working alone, would need as much time as second man and the woman working together. The first man working alone, would spend eight hours less than the double period of the time second man would spend working alone. How much time would the two men and the women need to complete the task if they all asked together?
A 1 hour
B 2 hours
C 3 hours
D 4 hours
E 5 hours
An amount of money becomes Tk. 1,860 at an interest rate of 8% in 3 years . How many years the money would take to become Tk. 2040 at the same interest rate?
A 4.5
B 5
C 6
D 7.5
An amount of money becomes Tk. 1,860 at an interest rate of 8% in 3 years. How many years the money would take to become Tk. 2040 at the same interest rate?
A 412
B 712
C 512
D 6
A person borrows Tk. 5000 for 2 years at 4% p.a. simple interest . He immediately lends to another person at 614% p.a. for 2 years .Find his gain in the transaction per year .
A Tk. 112.50
B Tk. 125
C TK. 150
D TK. 167.50
A person borrows Tk. 5000 for 2 years at 4% p.a simple interest.He immediately lends it to another person at 614% p.a for 2 years.Find his gain in the transaction per year .
A Tk. 167.50
B 150
C Tk. 125
D Tk. 112.50

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