If the annual interest rate decreases from 4% to 3.75%, income of a person reduces by Tk. 60. What is his principal?
Created: 6 years ago |
Updated: 2 years ago
best des
given, the annual interest rate decreases from 4% to 3.75%
ATQ,
(4 - 3.75)% = 60
or, 0.25% = 60
or, 100% = (60/0.25) * 100 = 24000
so, principal = 24000 tk
ans: 24000 tk
Md Azizur Rahman
Founder of Satt
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