An interest rate which is paid by money borrower and charged by lender is considered as

An interest rate which is paid by money borrower and charged by lender is considered as Correct Answer periodic rate

An interest rate which is paid by money borrower and charged by lender is considered as periodic rate. A periodic interest rate can be charged on a loan or realized on an investment over a specific period of time.
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Related Questions

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?
Three workers X, Y and Z, are paid a total of Tk.5,500 for particular jobs. X paid 133.33% of the amount paid to Y and Y is paid 75% amount paid to Z.How much is paid to Z?
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?
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?
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?
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?
Rahim, Karim and James paid a total TK. 45 for their dinner at a restaurant . If Rahim paid of the total amount, Karim paid TK. 17 and James paid the rest then what fraction of the total amount did James pay ?
Rakib, Raja and Rajib paid a total of 369 taka for their dinner at a restaurant , If Rakib paid 2/3 of the total amount, Raja paid 82 taka and Rajib paid the rest,what fraction of the total amount did Rajib pay?
Two tailors X and Y are paid a total of TK. 550 per week by their employer. If X is paid 120 percent of the amount paid to Y, how much is Y paid per week?
Two tailors X and Y are paid a total of Tk. 550 per week by their employer . If X is paid 120 percent of the sum paid to Y, how much is Y paid per Week?