Discuss Forum
1.
The interest charged on a loan is ‘P’, per Tk, 1000 for the first quarter (3 months), and 'Q' per Tk. 1000 for each month after the first quarter. How much interest will be charged for the first year on Tk. 10,000?
- A. 10(P+Q)
- B. 10(P+Q)
- C. 10(P+Q)
- D. 10(P+Q)
Answer: Option B
Explanation:
For the first three month interest of Tk 10000 = 10p
For the each month after three month interest of Tk 10000 = 10*9q
Total interest = 10(p + 9q)
For the each month after three month interest of Tk 10000 = 10*9q
Total interest = 10(p + 9q)
Post your comments here: