সরল ও যৌগিক মুনাফা  (Simple & Compound interest) | Prime Bank Ltd - Management Trainee Officer - 12.0

Practice সরল ও যৌগিক মুনাফা  (Simple & Compound interest) | Prime Bank Ltd - Management Trainee Officer - 12.0 on Bissoy — browse topics below and open any question.

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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)