Subject

    Quantitative Aptitude

    Topic

    Percentage

    Goods were bought for Tk. 600 and sold the same for Tk. 50 at a credit of 9 months and thus gaining 2% The rate of interest per annum is:

    ক)
    162/3%
    খ)
    141/2%
    গ)
    131/3%
    ঘ)
    15%

    Explanation

    S.P = 102% of Tk. 600 = [(102/100)×600] = Tk. 612. Now, PRESENT WORTH = Tk. 612 and sum = Tk. 688.50. So, T.D = Tk. (688.50-612) = Tk. 76.50. Thus, S,I on Tk. 612 for 9 months is Tk. 76.50. So, Rate = [(100×76.50)/612×(3/4)]%= 16(2/3)%

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