I f the rate of simple interest is 12% per annum the amount that would fetch interest of TK. 6000 per annum is ?
Created: 4 years ago |
Updated: 2 years ago
best des
We know, I = Prn ⇒6000 = p×(12/100)×1⇒P×12×1 = 6000×100⇒ P = 600000/12∴ P = 50000 TK.
Md Azizur Rahman
Founder of Satt
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