Subject
Quantitative Aptitude
Topic
Interest
A certain sum of money is put on simple interest at a certain rate for 4 yeaTk. Had it been put at 3 % higher rate, it would have fetched Tk.360 more. What is the amount?
A certain sum of money is put on simple interest at a certain rate for 4 yeaTk. Had it been put at 3 % higher rate, it would have fetched Tk.360 more. What is the amount?
ক)
Tk.2400খ)
Tk.3000গ)
Tk.3600ঘ)
Tk.4200Explanation
At 3% more rate, the increase in SI for the 4 years = Tk.360 So, the increase in S I for 1 year = 360/4 = Tk.90 Tk.90 is 3% of the sum. So,1% of the sum = 90/3 Therefore, the sum = 90 × 100/3 = Tk.3000.Related questions
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