Discuss Forum
1. What is the amount of interest on Tk. 500 invested for nine months at the rate of 12.5% per annum ?
- A. Tk. 62.50
- B. Tk. 62.50
- C. Tk. 62.50
- D. Tk. 62.50
Answer: Option B
Explanation:
I=pnr
=500×¾×(12.5/100)
=46.875 taka
(ans)
Post your comments here: