Subject
Bank Exam
Topic
Exim Bank Trainee Officer 2016
If the simple interest on a sum of money for 2 years at 5% per annum is Tk. What is the compound interest on the same sum at the same rate and for the same time?
If the simple interest on a sum of money for 2 years at 5% per annum is Tk. What is the compound interest on the same sum at the same rate and for the same time?
ক)
Tk. 52খ)
Tk. 51.25গ)
Tk. 54.25ঘ)
Tk. 60Explanation
Formula: Compound Interest = p(1+r)^n here, p=50 r = 5% n=2 yearsRelated questions
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