Subject

    Quantitative Aptitude

    Topic

    Percentage

    The present worth of Tk. 1404 due in two equal half-yearly installments at 8% per annum simple interest is:

    ক)
    Tk. 1325
    খ)
    Tk. 1300
    গ)
    Tk. 1350
    ঘ)
    Tk. 1500

    Explanation

    Required sum = PRESENT WORTH of Tk. 702 due 6 months + PRESENT WORTH of Tk. 702 due 1 year hence = Tk. [(100×702)/100+8(1/2)]+[(100×702)/100+(8×1)] = Tk. (675+650) = Tk. 1325

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