What will be the difference between simple and compound interest at 10% on a sum of Tk. 5000 after 5 years?
Solution
Correct Answer: Option D
এখানে ,সরল সুদ I =Pnr/100
=(5000× 5× 10)/100
=2500
চক্রবৃদ্ধি সুদ =C-P
=P(1+r/100)n -P
=5000(1+10/100)⁵-5000
=5000×1.6105-5000
=8052.55-5000
=3052.55
সুদের পার্থক্য =3052.55-2500
=552.55
=552 টাকা