Subject
Quantitative Aptitude
Topic
Interest
What would be the compound interest obtained on an amount of Tk.6875 at the rate of 8% p.a. after two years?
What would be the compound interest obtained on an amount of Tk.6875 at the rate of 8% p.a. after two years?
ক)
Tk.948খ)
Tk.1024গ)
Tk.1144ঘ)
Tk.1216Explanation
At CI, the Amount A = P ( 1+ r/100)n and CI = A - P So, A = 6875 (1+ 8/100)2 = 6875 ( 108/100)² = 6875 × 1.08 × 1.08 = Tk.8019 Therefore, CI = 8019 – 6875 = Tk.1144.Related questions
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