What annual rate was paid if tk. 50,000 earned tk. 3,000 in interest in two years ?

3%

6%

9%

12%


Description (বিবরণ) :

প্রশ্ন: What annual rate was paid if tk. 50,000 earned tk. 3,000 in interest in two years ?

ব্যাখ্যা: What annual rate was paid if tk. 50,000 earned tk. 3,000 in interest in two years ? Rate of interest = I/(Pxn) = 3000/(50,000x2) = 3%