If the interest on Taka 500 for 4 years and Taka 600 for 5 years is Taka 500; what will be the rate of interest?

If the interest on Taka 500 for 4 years and Taka 600 for 5 years is Taka 500; what will be the rate of interest? ?

Created: 1 week ago | Updated: 1 week ago | Created By:

Imran Ahmed

10%

12%

13%

14%

0 1

Best Answer Explained in Below-:

We know, Interest, I = P n r Now, 500×4×r + 600×5×r = 500 or, 2000r + 3000r = 500 or, 5000r = 500 or, r = 500/5000×100% = 10%

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If 8 dozens of bananas are purchased at the rate of Taka 30 per dozen and 12 dozens are purchased at Taka 25 per dozen, what rate per dozen it should be sold to make a profit of Taka 3 per dozen?

In a city 40% of the people have black hair, 25% have black eyes and 10% have both black hair and black eyes. What percentage of the people in the city has neither black hair nor black eyes?

If the interest on Taka 500 for 4 years and Taka 600 for 5 years is Taka 500; what will be the rate of interest? ?

If 8 dozens of bananas are purchased at the rate of Taka 30 per dozen and 12 dozens are purchased at Taka 25 per dozen, what rate per dozen it should be sold to make a profit of Taka 3 per dozen?

In a city 40% of the people have black hair, 25% have black eyes and 10% have both black hair and black eyes. What percentage of the people in the city has neither black hair nor black eyes?

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