Subject
Bank Exam
Topic
Uttara Bank Ltd. 2011 Asst. Officer (Cash)
At a simple interest rate of 10% per year, how many years will it take for a principal amount of Tk. 500 to earn an interest amount of Tk. 100?
At a simple interest rate of 10% per year, how many years will it take for a principal amount of Tk. 500 to earn an interest amount of Tk. 100?
ক)
3খ)
2গ)
2(1/2)ঘ)
Cannot be determinedExplanation
here. at 10% rate, interest of 500 tk in 1 yr = 10 X 500/100 = 50 tk so, 50 tk interest in 1year 100 tk interest in 100/50 = 2 yrRelated questions
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