Subject
Bank Exam
Topic
National Bank Ltd. PO 2013
Mr. Nazim was planning on depositing a certain amount of money each month into a college fund for hi children. He then decided not to make any contributions during June and July. To make the same annual contribution that he had originally planned, by what percent should he increase his monthly deposits?
Mr. Nazim was planning on depositing a certain amount of money each month into a college fund for hi children. He then decided not to make any contributions during June and July. To make the same annual contribution that he had originally planned, by what percent should he increase his monthly deposits?
ক)
162/3 %খ)
20%গ)
25%ঘ)
33%Explanation
Assume he contributes [Math Processing Error]1200. Seeing that he missed two months: 1200 - 1000 = 200. Now, Increase percentage is = 200*100/1200 = 162/3 %Related questions
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