Subject

    Bank Exam

    Topic

    Agrani Bank 2010 Senior Officer

    An amount of money becomes Tk 1860 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?

    ক)
    4(1/2)
    খ)
    5
    গ)
    6
    ঘ)
    7(2/1)

    Explanation

    Let, Principal = x x + x×.08×3 = 1860 => 1.24x = 1860 => x=1500 Let, time = y So, 1500+1500×Y×.08 = 2040 => 120y = 540 => y = 4.5 Ans. 4(1/2)

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