At what rate of compound interest per annum will a sum of Tk. 5000 become Tk. 7200 in 2 years?

A

5%

B

10%

C

15%

D

20%

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Updated: 22 hours ago

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 A bank offers 5% compound interest calculated half-yearly. A customer deposits Tk. 1600 on 1st January and another Tk. 1600 on 1st July of the same year. How much interest will he earn at the end of the year?

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A

Tk. 129

B

Tk. 121

C

Tk. 118

D

Tk. 132

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A person took a loan of Tk. 2500 with simple interest for as many years as the rate of interest. If they paid Tk. 1600 as interest at the end of the loan period, what was the r10%ate of interest?

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5%

B

6%

C

8%

D

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Find the rate of discount being given on a shirt whose selling price is Tk. 420 after deducting a discount of Tk. 80 on its marked price.


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A

12%


B

8%


C

16%


D

10%


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