What rate of interest per year was paid, if TK. 50,000 earned TK. 1,000 as interest in 2 years ?

A 1%

B 3%

C 2%

D 4%

Solution

Correct Answer: Option A

মূলধন, P = 50000
সুদ, I = 1000
সময় = 2 বছর
সুদের হার, r = ?
⇒r=(I×100)/Pn
= (1000×100)/(50000 x 2)
= 1%

Practice More Questions on Our App!

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