Related Questions

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
In the following sentence the word principal' occurs three times "The principal (1) aim of the principal (2) of the college was to help build new roads to link the area's principal (3)schools" Indicate the use(s) in which the meaning of the word “Principal is ‘chief or main',
A Use (1)
B Use(2)
C Use (3)
D Both (1) & (3)
Bank X pays a simple interest of TaKa 80 on principal o taka 1,000 annually . Bank y pays a simple interest of TaKa 140 on a principal of Taka 1000 annually . What is the ratio of the interest rates of Bank x to Bank y ?
A 4:7
B 6:8
C 9:18
D 2:7
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 ?
A 5%
B 8%
C 10%
D 12%
A sum fetches a simple interest of Tk. 6000 at the rate of 5% p.a. in 6 years . what would be the compound interest earned at the same rate of interest and the same principal in 2 years?
A Tk. 2050
B Tk. 2500
C Tk. 2125
D Tk. 2245
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
If a principal p becomes Q in 2 years when interest R% is compounded half yearly. And if the same principal P becomes Q in 2 years when interest 8% is compound annually, then which of the following is true?
A R>S
B R=S
C R
D None
An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes---
A 10%
B 10.25%
C 10.75%
D 11%
The amount of simple interest during 'n' interest period is (where, i = interest rate based on the length of one interest period, p = principal)
A P.i.n.
B P(1 + i.n)
C P(1 + i)n
D P(1 - i.n)
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.
A TK. 700
B TK. 800
C TK. 900
D None of these

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