Bissoy
Login
Get Advice on Live Video Call
Earn $ Cash $ with
consultations on Bissoy App
Kalam has invested a part of 10,000 Taka in an account that pays 6% simple interest rate each year and rest of the money in another account that pays 8% simple interest per year. If he has invested the money for 18 months and he has invested the money for 18 months and he earns a total of 1,020 Taka as interest, what is the difference in the amount of the interest earned on both the accounts?
A
40 Taka
B
60 Taka
C
100 Taka
D
120 Taka
Correct Answer:
60 Taka
Shashi had a certain amount of money. He invested $$\frac{2}{3}$$ of the total money in scheme A for 6 years and rest of the money he invested in scheme B for 2 years. Scheme A offers simple interest at a rate of 12% p.a. and scheme B offers compound interest ( compound annually) at a rate of 10% p.a. If the total interest obtained from both the schemes is Rs. 2750. What was the total amount invested by him in scheme A and scheme B together ? (Approximate value)
A
Rs. 4500
B
Rs. 4200
C
Rs. 4050
D
Rs. 5000
Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.
A
BDFACEG
B
BFDCAGE
C
EGACDFB
D
FDBGECA
Arman wanted to have Tk. 39,200 , as interest after 5 years . He has invested an amount in an account for 1 year at 8% interest rate. From the 2nd year he invested the principal amount in another account in another account at the rate of 11% . what was the principle amount ?
A
Tk. 50,000
B
Tk. 80,000
C
Tk. 70,000
D
Tk. 90,000
A buniessperson invest 2800 taka and earns 5% interest on some money and 4% interst on the rest of money. If the gets 128 taka as a profit at the end of the year, what is the amount of money on which he earns 5% interest?
A
1600
B
3200
C
3000
D
5600
Prasanna invested certain amount in three different schemes X, Y and Z with the rate of interest 10% p.a, 12% p.a and 15% p.a respectively. If the total interest accrued in one year was Rs. 3200 and the amount invested in Scheme Z was 150% of the amount invested in Scheme X and 240% of the amount invested in Scheme Y, what was the amount invested in Scheme Y by Prasanna ?
A
Rs.6000
B
Rs.4500
C
Rs.7500
D
Rs.5000
Bank X pays a simple interest of TaKa 80 on principal o taka 1,000 annually . Bank y pays a simple interest of TaKa 140 on a principal of Taka 1000 annually . What is the ratio of the interest rates of Bank x to Bank y ?
A
4:7
B
6:8
C
9:18
D
2:7
What is the rate of interest p.c.p.a.? I. An amount doubles itself in 5 years on simple interest. II. Difference between the compound interest and the simple interest earned on a certain amount in 2 years is Rs. 400. III. Simple interest earned per annum is Rs. 2000
A
I only
B
II and III only
C
All I, II and III
D
I only or II and III only
There are five statements given below: i. karim earns more than Rahim but less than Raihan ii. Tarique earns more than Farid iii. Rahim earns more than Rariq iv. Raihan and Rarique earn equal amounts v. Farid earns the least amount which of the above statements prove that Tarique earns more money than Rafiq?
A
I, II and III
B
II, III and IV
C
III, IV and V
D
I, III and IV
Mr.khan invested an amount of TK. 13,900 divided into two different schemes A and B at a simple interest rate of 14% per annum and 11% per annum respectively. If the total amount of simple interest earned in 2 years be Tk. 3,508, what was the amount invested in Scheme B?
A
TK. 6400
B
TK. 6500
C
TK. 7200
D
TK. 7500
Ramakant invested amounts in two different schemes A and B for five years in the ratio of 5 : 4 respectively. Scheme A offers 8% simple interest and bonus equal to 20% of the amount of interest earned in 5 years on maturity. Scheme B offers 9% simple interest. If the amount invested in scheme A was Rs. 20000, what was the total amount received on maturity from both the schemes?
A
Rs. 50800
B
Rs. 51200
C
Rs. 52800
D
Rs. 58200