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)
What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest?
A Effective rate of interest
B Nominal rate of interest
C Compound interest
D Simple interest
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
A business firm reduces the number of hours its emplyess work from 40 hours per week to 36 hours per week while continuing to pay the same amount of money. If an employee earned x taka per hour before the reduction in hours, how much does he earn per hour under the new system?
A 1/10
B x/9
C 9x/10
D 10x/9
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
If Marie has twice as much money as Curie has, who has three times as much money as Sunny as has, what is the ratio of the amount of money Sunny has to the amount of money Marie has ?
A 1 : 8
B 1 : 6
C 1 : 4
D 1 : 2
What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal?
A Return of investment
B Interest rate
C Yield
D Rate of return
A business firm reduces the number of hours its employees work from 40 hours per week to 36 hours per week while continuing to pay the same amount of money. If an employee earned x taka per hour before the reduction in hours, how much does he earn hour under the new system?
A 1/10
B x/9
C 9x/10
D 10x/9
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 TK. 6400
B TK. 6500
C TK. 7200
D TK. 7500

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