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)
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',
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?
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?
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 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?
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?
The same of principal and simple interest of a certain amount of money would be Tk. 460 after 3 years form now and Tk. 500 after 5 years for now . what is the total interest rate?
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---
Annie invested a certain sum of money in a bank that paid simple interest. The amount grew to Tk 240 at the end of 2 years. She waited for another 3 years and got a final amount of Tk 300. What was the principal amount that she invested at the beginning?