How much should a person lend at simple rate of interest of 5% in order to have Tk. 645 at end of one and a half years?

A 580

B 610

C 620

D 600

Solution

Correct Answer: Option D

ধরি, আসল= P
প্রশ্নমতে, 
    P+Pnr= 645
⇒ P+P*1.5*0.05*=645 
⇒ P= 600

Practice More Questions on Our App!

Download our app for free and access thousands of MCQ questions with detailed solutions