Subject
Quantitative Aptitude
Topic
Percentage
The interest on Tk. 750 for 2 years is the same as the true discount on Tk. 960 due 2 years hence. If the rate of interest is the same in both cases, it is:
The interest on Tk. 750 for 2 years is the same as the true discount on Tk. 960 due 2 years hence. If the rate of interest is the same in both cases, it is:
ক)
12%খ)
14%গ)
15%ঘ)
162/3%Explanation
S.I. on Tk. 750 = TRUE DISCOUNT. on Tk. 960. This means PRESENT WORTH of Tk. 960 due 2 years hence is Tk. 750. Or, TRUE DISCOUNT= Tk. (960-750)=Tk. 210 Thus, S.I on Tk. 750 for 2 years is Tk. 210. Rate = (100×210)/(750×2)% = 14%Related questions
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