Correct Answer: Option D
= 100000/20
= Tk.5000.
Twice the principal = Tk.10000
CI = P[ (1 + r/100)n -1]
= 10000 [(1+ 5/100)² - 1]
=(10000 × 1.05 × 1.05) – 10000
= 11025 – 10000
= Tk.1025.
Download our app for free and access thousands of MCQ questions with detailed solutions