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Question
The difference in Taka between simple and compound interest at 5% annually on a sum of Tk. 5000 after 2 years is -
12.5
25
50
500
ANSWER : 1
Descrption
<pre> The difference will be the result of the interest earned in the second year on first - year interest under the compound interest scheme So, the the difference is = TK. 5000 <math xmlns = "http://www.w3.org/1998/Math/MathML"><mo>×</mo><mn>5</mn><mo>%</mo><mo>×</mo><mn>5</mn><mo>%</mo><mspace linebreak = "newline"/><mo> = </mo><mn>5000</mn><mo>×</mo><mfrac><mn>5</mn><mn>100</mn></mfrac><mo>×</mo><mfrac><mn>5</mn><mn>100</mn></mfrac><mspace linebreak = "newline"/><mo> = </mo><mi>T</mi><mi>K</mi><mo>.</mo><mn>12</mn><mo>.</mo><mn>5</mn></math> </pre>
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