Subject
Quantitative Aptitude
Topic
Interest
The difference between simple and compound interests on a sum of money at 4% per annum for 2 years is Tk. The sum is
The difference between simple and compound interests on a sum of money at 4% per annum for 2 years is Tk. The sum is
ক)
Tk.400খ)
Tk.800গ)
Tk.4000ঘ)
Tk.5000(e)None of theseExplanation
When the difference in SI and CI is given for 2 years, then the sum = difference × ( 100/r)² = 8 × ( 100/4)² = 8 × 25 × 25 = Tk.5000.Related questions
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