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1. If the compound interest on a sum for 2 years at 12.5% per annum is TK. 510 the simple interest on the same at the same rate for the same period of time is :

  • A. TK. 400
  • B. TK. 400
  • C. TK. 400
  • D. TK. 400

Answer: Option D

Explanation:

Ler, capital is P tk  In compound interest c = p( 1 + r)nSo, interest = p (1 + r)n-p

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