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1. what is the total interest on Tk. 800 at 12.5 % per annum for 9 months in taka?
- A. 75
- B. 75
- C. 75
- D. 75
Answer: Option A
Explanation:
Interest, I = P n r
Here, P = 800 TK, n = 9/12 year, r = 12.5/100 = 1/8
So, I = 800 × 9/12 × 1/8 = 75 TK
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