In how many years, Tk. 150 will produce the same interest @8% Tk. 800 produce in 3 years @4.5%?

In how many years, Tk. 150 will produce the same interest @8% Tk. 800 produce in 3 years @4.5%?

A 6

B 8

C 9

D 12

Solution

Correct Answer: Option C