The interest on a certain deposit at 9% per annum is TK. 405 in one year . How much will the additional interest in one year be on the same deposit at 10 percen

The interest on a certain deposit at 9% per annum is TK. 405 in one year . How much will the additional interest in one year be on the same deposit at 10 percent per annum ?

The interest on a certain deposit at 9% per annum is TK. 405 in one year . How much will the additional interest in one year be on the same deposit at 10 percent per annum ? ?

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

Imran Ahmed

TK. 450

TK. 300

TK. 31.50

None of these

0 1

Best Answer Explained in Below-:

We know, I = Pnr or, P = I / nr = 405 / (1 x 9/100) = 4500 TK. Now, interest per annum at 10% interest rate = 4500 x 1 x (10/100) = 450 TK So, additonal interest will be = 450 - 405 = 45 TK.

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