A certain amount of money earning simple interest becomes 7/5th of the initial amount in 4 years . What is the interest rate?

A 4%
B 6%
C 8%
D 10%

Correct Answer: 10%

Bissoy MCQ
#পিএসসি ও অন্যান্য নিয়োগ পরীক্ষা #গণিত #সরল ও যৌগিক মুনাফা  (Simple & Compound interest) #গ্যাস ট্রান্সমিশন কোম্পানি লিমিটেড | সহকারী ব্যবস্থাপক - 26.11.2021

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
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
Tk.6000 becomes Tk.7200 in 4 years at a certain rate of simple interest. If the rate becomes 1.5 times of itself, the amount of same principal in 5 years will be- 
A Tk.8000
B Tk.8250
C Tk.9000
D Tk.9250
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
The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Tk. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years?
A 6%
B 8%
C 9%
D 10%
TK. 800 becomes TK. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will TK. 800 become in 3 years ?
A TK. 1020.80
B TK. 1025
C TK. 1052
D None of these
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
What is the rate of simple interest for the first 4 years if the sum of TK. 360 becomes TK. 540 in 9 years and the rate of interest for the last 5 years is 6% ?
A 4%
B 5%
C 3%
D 6%
If simple interest on a certain sum of money is Tk. 256 and the rate of interest per annum equals the number of years,then the rate of interest is--
A 13%
B 14%
C 16%
D 18%

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