You can rent a bungalow on daily basis at Taka 500 per day or on monthly basis at Taka 10,000 per month. How much can you save annually by renting on monthly basis?
Solution
Correct Answer: Option E
On Daily Basis, Annual cost will be = (500 * 365) taka
= 182500 taka
On monthly basis,
Annual cost will be = (10000 * 12) taka
= 120000 taka
Total save = (182500 - 120000) taka
= 62,500 taka
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