Sami invested a certain sum of money in a simple interest bond whose value grew to Tk 300 at the end of 3 years and to Tk. 400 at the end of another 5 years. What was the rate of interest in which he invested his sum?

Question

Sami invested a certain sum of money in a simple interest bond whose value grew to Tk 300 at the end of 3 years and to Tk. 400 at the end of another 5 years. What was the rate of interest in which he invested his sum?

Accepted Answer

সঠিক উত্তর: 8.33%। ব্যাখ্যা: