Subject
Quantitative Aptitude
Topic
Interest
Amount of simple interest accrued on an amount of Tk.28500 in seven years is Tk. What is the rate of interest Percent Compounded Per Annum?
Amount of simple interest accrued on an amount of Tk.28500 in seven years is Tk. What is the rate of interest Percent Compounded Per Annum?
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10.5খ)
12.5গ)
11ঘ)
12Explanation
Rate percent = S I × 100/ P × Term = 23940 × 100/28500 × 7 = 12%.Related questions
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