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Question: The sum of principal and simple interest of a certain amount of money would be Tk. 460 after three years from now and Tk. 500 after five years from now. What is the related interest rate?
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Question: The sum of principal and simple interest of a certain amount of money would be Tk. 460 after three years from now and Tk. 500 after five years from now. What is the related interest rate?
Question 1: The sum of principal and simple interest of a certain amount of money would be Tk. 460 after three years from now and Tk. 500 after five years from now. What is the related interest rate?
View topic: শতকরা ও লাভ-ক্ষতি (Percentage and Profit and loss)
0.18
0.06
0.05
0.075
Source: Investment Corporation - Officer - 21.01.2011
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Answer: 0.05
Explanation:
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