Related Questions

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
Lamia owns a hairdressing salon. She borrows Tk. 2500 from a bank to improvements to her beauty salon. She is charged 4.5% per year compound interest. She pays the money back after 3 years. Calculate the total amount Lamia must pay to the bank.
A 2852.92
B 2528.29
C 2752.29
D 2679.92
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
At which rate, Reserve Bank of India borrows money from commercial banks?
A Bank Rate
B Repo Rate
C Reverse Repo Rate
D Statutory Liquidity Rate
A software requirement specification is : i) A contract between developers and clients specifying what the developers will produce for the clients. ii) A specification of the features that the target software deliverable must have iii) A specification of the personal and resources that will be committed to the software development effort
A i only
B ii only
C i and ii only
D i and iii only
Growing economic woes and competition could be pushing accountants to finagle their clients records ,accountants can, for example help thier frustrated clients write off certain luxurios purchases and justify them as business expenses-
A clients, records; accountants can, for example , help
B Clients, records, as an example, they can help
C clients, records, like they can help
D clients recored , which might include that they
A post office imposes a service charge of Tk. 75 per money order of the amount of Tk. 2,500 or less, and Tk. 100 per money order of the amount from Tk. 2,501 through Tk. 70,000. If Mariam makes 3 money orders of Tk. 1,825, Tk. 2,500 and Tk. 12,750, what is the total service charge she needs to pay?
A 175
B 225
C 250
D 275
The difference between a bank's rate of interest on lending to its prime customers and the rate of interest that it pays to others on borrowings (demand, time or savings deposits) is called
A profit rate
B margin rate
C income rate
D interest spread
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 sum of Rs 8000 is divided into two parts. The simple interest on first part at the rate of 21% per annum is equal to the simple interest on second part at the rate of 35% per annum. What is the interest (in Rs) of each part?
A 1050
B 840
C 1400
D 1220

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