Career Expert
Chapter: Simple & Compound Interest
Class Conducted: Rafsan Fahad
Class Work Lecture (12.08.25)
01. Kona deposited Tk. 505 into her savings account. If the interest rate of the account is 5% per year, how
much interest will she have made after 4 years?
02. A person borrows TK. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another
person at 6 (1/4)% per annum for 2 years . Find his gain in the transaction per year?
03. The interest charged on a loan is p dollars per $1,000 for the first month and q dollars per $1,000 for
each month after the first month . How much interest will be charged during the first three months on a
loan of $ 10,000?
04. The simple interest on a sum of money will be TK. 600 after 10 years. If the principal is trebled after 5
years , what will be the total interest at the end of the tenth year ?
05. A certain amount of money earning simple interest becomes 7/5 of the initial amount in 4 years. What
is the interest rate?
06. A man is need of money for 120 days. He asked a banker and the banker charged Tk. 360 at the rate of
6%. What was the amount asked for?
07. Annie invested a certain sum of money in a bank that paid simple interest. The amount grew to Tk. 240
at the end of 2 years. She waited for another 3 years and got a final amount of Tk. 300. What was the
principal amount that she invested at the beginning?
08. If 4 years interest of principal Tk. 500 and 5 years interest of principal Tk. 600 are Tk. 500 in total. What
is the rate of interest?
09. Bilkis invests Tk. 2400 in the XYZ bank at 5%. How much additional money must she invest at 8% so
that the total annual income will be equal to 6% of her entire investment?
10. Rajib invested 3600 taka in a 1 year investment paying simple annual interest. If after 5 months, the
investment has accrued 300 taka in interest, what is the interest rate on the investment?
11. If a sum of taka invested amounts to BDT. 460 in 3 years and amounts to BDT. 500 in 5 years then what
is that invested sum in BDT?
12. Mr. Azhar invested Tk. 1600 in a bank and got Tk. 1696 at the end of the year. What was the interest rate?
13. What will be the difference between simple and compound interest at 10% per annum on a sum of
Tk.1000 after 4years? [BB AD- 18, Bangladesh Development Bank -14, Agrani Bank- 18]
14. If the rate of interest is 10% per annum and is compounded half yearly, the principal of Tk. 400 in 3/2
years will amount to-[Combined 7 Banks SO – 2019]
15. 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 : [BB AD-14]
16.A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount
to 8 times itself?
17. Laboni bought a 1 year, Tk. 10,000 certificate of deposit that paid interest at an annual rate of 8 percent
compounded semiannually. What was the total amount of interest paid on his certificate at maturity?
18. The difference in taka between simple and compound interest at 10% annually on a sum of TK. 5000
after 5 years is –
19. The difference in taka between simple and compound interest at 5% annually on a sum of TK. 5000 after
2 years is –
20. How much interest will TK. 1000 earn in one year at the annual interest rate of 20% if interest rate is
compounded every 6 months?
