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ব্যাংক নিয়োগ প্রস্তুতি ⎯ লং কোর্স

পরীক্ষাব্যাংক নিয়োগ প্রস্তুতি ⎯ লং কোর্সতারিখতারিখ অনির্ধারিতসময়45 minutes
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Math - 09 - Simple & Compound Interest, Stocks & Shares
ঘনত্ব
উত্তর
উত্তরিতবর্তমানপুনরায় দেখুনঅসম্পূর্ণ

ব্যাংক নিয়োগ প্রস্তুতি ⎯ লং কোর্স

ব্যাংক নিয়োগ প্রস্তুতি ⎯ লং কোর্স · তারিখ অনির্ধারিত · ২৫ প্রশ্ন

.
Amin took a loan of Tk.1400 with simple interest for as many years as the rate of interest. If he paid Tk.686 as interest at the end of the loan period, what was the rate of interest?
  1. ক) 6%
  2. খ) 8%
  3. গ) 7%
  4. ঘ) 4%
সঠিক উত্তর:
গ) 7%
উত্তর
সঠিক উত্তর:
গ) 7%
ব্যাখ্যা

Given that T = R
S.I = (P × R × T)/100
⇒ 686 = (1400 × R × R)/100
⇒ 686 = 14R2
⇒ R2 = 49
⇒ R = 7.

.
A sum of money at simple interest amounts to Tk.815 in 3years and to Tk.854 in 4 years. What is the sum?
  1. ক) Tk. 650
  2. খ) Tk. 700
  3. গ) Tk. 698
  4. ঘ) Tk. 690
সঠিক উত্তর:
গ) Tk. 698
উত্তর
সঠিক উত্তর:
গ) Tk. 698
ব্যাখ্যা

S.I. for 1 year = 854 - 815
= 39
S.I. for 3 years = 39 × 3
= 117
∴ Required Sum = 815 - 117
= Tk. 698.

.
A person borrows Tk.5000 for 2years at 4% per annum 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.
  1. ক) Tk. 112.50
  2. খ) Tk. 167.50
  3. গ) Tk. 228
  4. ঘ) Tk. 160
সঠিক উত্তর:
ক) Tk. 112.50
উত্তর
সঠিক উত্তর:
ক) Tk. 112.50
ব্যাখ্যা

The difference in interest rate = 6(1/4)% - 4%
= (25/4)% - 4%
= (9/4)%
Gain per year
= simple interest on Tk. 5000 at = (9/4)% for 1 year.
= {5000 × (9/4) × 1}/100
= 225/2
= Tk. 112.5

.
A man took out a loan from a bank at the rate of 8%per annum simple interest. After 4 years he had to pay Tk. 6200 interest only for the period. What was the principal amount borrowed by him?
  1. ক) Tk. 20245
  2. খ) Tk. 18230
  3. গ) Tk. 17322
  4. ঘ) Tk. 19375
সঠিক উত্তর:
ঘ) Tk. 19375
উত্তর
সঠিক উত্তর:
ঘ) Tk. 19375
ব্যাখ্যা

P = (100 × S.I)/RT
= (100 × 6200)/(8 × 4)
= 620000/32
= 775 × 25
= Tk. 19375.

.
A lends Tk. 1500 to B and a certain sum to C at the same time at 8% per annum. If A receives Tk. 1400 as simple interest from B and C after 4 years, then the sum lent to C is -
  1. ক) Tk. 1885
  2. খ) Tk. 2245
  3. গ) Tk. 2875
  4. ঘ) Tk. 2615
সঠিক উত্তর:
গ) Tk. 2875
উত্তর
সঠিক উত্তর:
গ) Tk. 2875
ব্যাখ্যা

Let the sum lent to C be x
Simple interest on Tk. 1500 at 8% for 4 years + simple interest on x at 8%for 4 years.
= Tk. 1400
(1500 × 8 × 4)/100 + (x × 8 × 4)/100 = 1400
⇒ {8 × 4(1500 + x)}/100 = 1400
⇒ 1500 + x = 4375
⇒ x = 4375 - 1500
⇒ x = 2875.

.
A sum of Tk. 10 is given as a loan, to be returned in six monthly installments of Tk. 3.What is the simple interest rate?
  1. ক) 820%
  2. খ) 620%
  3. গ) 640%
  4. ঘ) 720%
সঠিক উত্তর:
গ) 640%
উত্তর
সঠিক উত্তর:
গ) 640%
ব্যাখ্যা

Let the rate of interest be R%
Amount due in 6 months
= 10 + simple interest on Tk. 10 for six months.
= {10 + 10 × R × (1/2)}/100
= 10 + (R/20)
With the formula mentioned,
3 = 100(10 + 9R/20)/{(100 × 6) + R × 6(6 - 1)}/(2 × 12)
⇒ 3 = (1000 + 5R)/{600 + (5R/4)}
⇒ 1800 + 15R/4 = 1000 + 5R
⇒ 5R/4 = 800
⇒ R = 640.
Hence interest rate is 640%

.
If the simple interest on a certain sum of money after 3(1/8) years is (1/4) of the principal, what is the rate of interest per annum?
  1. ক) 4%
  2. খ) 12%
  3. গ) 6%
  4. ঘ) 8%
সঠিক উত্তর:
ঘ) 8%
উত্তর
সঠিক উত্তর:
ঘ) 8%
ব্যাখ্যা

Let the sum be x
Then,
Simple interest = x/4
T = 3(1/8)
= 25/8 years
R = {100 × (x/4)}/{x × (25/8)}
= 8
Hence Required interest rate = 8%

.
If a sum of Tk. 9 is lent to be paid back in 10 equal monthly installments of Tk. 1 each, the rate of interest is -
  1. ক) 11%
  2. খ) 26.67%
  3. গ) 11.33%
  4. ঘ) 266.67%
সঠিক উত্তর:
খ) 26.67%
উত্তর
সঠিক উত্তর:
খ) 26.67%
ব্যাখ্যা

Let the rate of interest be R%
Amount due in 10 months
= 9 + simple interest on Tk. 9 for ten months
= 9 + {9 × R × (10/12)}/100
= 9 + (3R/40)
With the formula mentioned,
1 = 100{9 + 3R/40)}/[(100 × 10) + {R × 10(10 - 1)/(2 × 21)}]
900 + (15R/2) = 1000 + (15R/4)
15R/4 = 100
R = 26.67.
Hence the interest rate is 26.67%.

.
A sum of money doubles in 12 years. In how many years, will it treble (assume simple interest)?
  1. ক) 24
  2. খ) 8
  3. গ) 12
  4. ঘ) 6
সঠিক উত্তর:
ক) 24
উত্তর
সঠিক উত্তর:
ক) 24
ব্যাখ্যা

Let the sum be x Assume that it will treble in n years.
Note that when the money doubles, simple interest is (2x - x), and when the money trebles, simple interest is (3x - x)
simple interest ∝ T (because here P and R are constants)
Therefore,
(2x - x) : (3x - x) = 12 : n
⇒ x : 2x = 12 : n
⇒ n = 24.

১০.
A man buys Tk. 20 shares paying 9% dividend. The man wants to have an interest of 12% on his money. What is the market value of each share?
  1. ক) Tk. 18
  2. খ) TK. 15
  3. গ) Tk. 21
  4. ঘ) TK. 12
সঠিক উত্তর:
খ) TK. 15
উত্তর
সঠিক উত্তর:
খ) TK. 15
ব্যাখ্যা

Face value of each share = Tk. 20
Dividend per share = 9% of 20 = (9 × 20)/100
= 9/5.
He needs to have an interest of 12% on his money
Money Paid for a share = (9/5) × (12/100)
Money Paid for a share = (9/5) × (100/12)
= 15.
ie, Market Value of the share = Tk. 15.

১১.
A man invested Tk. 1552 in a stock at 97 to obtain an income of Tk. 128. What is the dividend from the stock?
  1. ক) 7.5%
  2. খ) 9%
  3. গ) 8%
  4. ঘ) None of these.
সঠিক উত্তর:
গ) 8%
উত্তর
সঠিক উত্তর:
গ) 8%
ব্যাখ্যা

By investing Tk. 1552, income = Tk. 128
By investing Tk. 97, income = (128 × 97)/1552
= 8
Hence, the dividend is 8%.

১২.
A man invested Tk. 26000 in 5% stock at 104. He sold the stock when the price rose to Tk. 120 and invested the sale proceeds in 6% stock. By doing this his income increased by Tk. 2500. At what price did he purchase the second stock?
  1. ক) Tk. 48
  2. খ) Tk. 76
  3. গ) Tk. 125
  4. ঘ) Tk. 24
সঠিক উত্তর:
ক) Tk. 48
উত্তর
সঠিক উত্তর:
ক) Tk. 48
ব্যাখ্যা

Assuming that face value of the first stock = Tk. 100 as it is not given in the question.
Since it is a 5% stock, we can take the dividend per stock = Tk. 5
Market Value of the first stock = Tk. 104
Investment on the first stock = Tk. 26000
Number of stocks purchases = 26000/104 = 250
His total income from all these stocks = Tk. 250 × 5 = Tk. 1250
He sells each of these stocks at Tk. 120
ie, amount he earns = Tk. 120 × 250 = Tk. 30000
He invests this Tk. 30000 in 6% stock (here also face value is not given and hence take it as Tk. 100)
His new income = Tk. (1250 + 2500) = Tk. 3750
ie, By Tk. 30000 of investment, he earns an income of Tk. 3750
To get an income of Tk. 6, the investment needed = (30000 × 6)/3750
= Tk. 48.

১৩.
Jobayed buys 100 shares of par value Tk. 5 each, of a company, which pays an annual dividend of 12% at such a price that he gets 10% on his investment. Find the market value of a share.
  1. ক) Tk. 8
  2. খ) Tk. 4
  3. গ) Tk. 12
  4. ঘ) Tk. 6
সঠিক উত্তর:
ঘ) Tk. 6
উত্তর
সঠিক উত্তর:
ঘ) Tk. 6
ব্যাখ্যা

Face value of each share = Tk. 5
Total dividend received by Jobayed = {100 × 5 × (12/100)}
= Tk. 60
Let market value of 100 shares = Tk. x
x × (10/100) = 60
x = 600
ie, Market value of 100 shares = Tk. 600
Hence, Market value of each share = Tk. 6

১৪.
To produce an annual income of Tk. 800 from a 8% stock at 90, the amount of stock needed is -
  1. ক) Tk. 10000
  2. খ) Tk. 10800
  3. গ) Tk. 16000
  4. ঘ) Tk. 14400
সঠিক উত্তর:
ক) Tk. 10000
উত্তর
সঠিক উত্তর:
ক) Tk. 10000
ব্যাখ্যা

Since face value is not given, take it as Tk. 100.
As it is an 8% stock, income (dividend) per stock = Tk. 8
ie, For an income of Tk. 8, amount of stock needed = Tk. 100
For an income of Tk. 800, the amount of stock needed = (100 × 800)/8
= 10000

১৫.
A man sells 4000 common shares of a Company x (each of par value Tk. 10), which pays a dividend of 40% at Tk. 30 per share. He invests the sale proceeds in ordinary shares of Company Y (each of par value Tk. 25) that pays a dividend of 15%. If the market value of Company Y is Tk. 15, find the number of shares of Company Y purchased by the man -
  1. ক) 16000
  2. খ) 20000
  3. গ) 12000
  4. ঘ) 8000
সঠিক উত্তর:
ঘ) 8000
উত্তর
সঠিক উত্তর:
ঘ) 8000
ব্যাখ্যা

Just too much information is given in the question to confuse. This is a straight and simple question
Market Value of Company X (his selling price) = Tk. 30
Total shares sold = 4000
The amount he gets = Tk. (4000 × 30)
He invests this amount in ordinary shares of Company Y
Market Value of Company Y(His purchasing price) = 15
Number of shares of company Y which he purchases = (4000 × 30)/15
= Tk. 8000.

১৬.
A company issued 20000 shares of par value Tk. 10 each. If the total dividend declared by the company is Tk. 24000, find the rate of dividend paid by the company.
  1. ক) 14.5%
  2. খ) 12.5%
  3. গ) 14%
  4. ঘ) 12%
সঠিক উত্তর:
ঘ) 12%
উত্তর
সঠিক উত্তর:
ঘ) 12%
ব্যাখ্যা

Number of shares = 20000
Face value of each share = Tk. 10
dividend per share = (10 × R/100) where R is the Rate of interest.
Total dividend = 20000 ×10 ×R/100
20000 ×10 ×R/100 = 24000
R = 24000/2000
= 12
Hence the dividend is 12%.

১৭.
Abir invested Tk 333000 in 5(1/2) % stocks at 110 .If brokerage is Tk. 1, what is his annual income from his investment.
  1. ক) Tk. 16500
  2. খ) Tk. 12000
  3. গ) Tk. 12500
  4. ঘ) Tk. 18000
সঠিক উত্তর:
ক) Tk. 16500
উত্তর
সঠিক উত্তর:
ক) Tk. 16500
ব্যাখ্যা

Investment = Tk. 333000
Since face value is not given, we can take it as Tk.100
and dividend per share = Tk. 11/2
Market Value = 110 + 1 = 111
Number of shares purchased = 333000/111 = 3000
Total income = 3000 × (11/2)
= Tk. 16500.

১৮.
In order to obtain an income of Tk. 650 from 10% stock at Tk. 96, one must make an investment of -
  1. ক) Tk. 9600
  2. খ) Tk. 6500
  3. গ) Tk. 6240
  4. ঘ) Tk. 3100
সঠিক উত্তর:
গ) Tk. 6240
উত্তর
সঠিক উত্তর:
গ) Tk. 6240
ব্যাখ্যা

Market Value = Tk. 96.
Required Income = Tk. 650.
Here face value is not given. Take face value as Tk. 100 if it is not given in the question
To obtain Tk. 10 (ie,10% of the face value 100), investment = Tk. 96
To obtain Tk. 650, investment = {(96/10) × 650}
= Tk. 6240.

১৯.
The difference between simple and compound interest(compounded annually) on a certain sum of money for 2 years at 4% per annum is Tk. 1.What is the sum?
  1. ক) Tk. 645
  2. খ) Tk. 625
  3. গ) Tk. 500
  4. ঘ) Tk. 645
সঠিক উত্তর:
খ) Tk. 625
উত্তর
সঠিক উত্তর:
খ) Tk. 625
ব্যাখ্যা

P(4/100)2 =1
⇒ P(1/25)2 = 1
⇒ P/252 = 1
⇒ P = 625
Hence The sum is Tk. 625.

২০.
The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is -
  1. ক) 6.07%
  2. খ) 6.08%
  3. গ) 6.09%
  4. ঘ) 6.05%
সঠিক উত্তর:
গ) 6.09%
উত্তর
সঠিক উত্তর:
গ) 6.09%
ব্যাখ্যা

Compound interest for 1 year.
2{3%(P)} + 3%{3%(P)}
= 6%(P) + 0.09%(P)
= 6.09%(P)
That is an effective interest rate for 1 year = 6.09%.

২১.
If the difference between the simple interest and compound interests on some principal amount at 20% for 3 years is Tk. 48, then the principal amount is -
  1. ক) Tk. 375
  2. খ) Tk. 325
  3. গ) Tk. 365
  4. ঘ) Tk. 395
সঠিক উত্তর:
ক) Tk. 375
উত্তর
সঠিক উত্তর:
ক) Tk. 375
ব্যাখ্যা

Let the sum be Tk. x
Amount after 3 years on Tk. x at 20% per annum when interest is compounded annually
P(1 + R/100)T
= x{1 + (20/100)}3
= x(120/100)3
= x(6/5)3
Compound interest = {x(6/5)3 - x}
= x{(6/5)3 - 1}
= x{(216/125) - 1}
= 91x/125
Simple interest PRT/100 = (x × 20 × 3)/100
= 3x/5
Given that difference between compound interest and simple interest is Tk. 48
(91x/125) - (3x/5) = 48
⇒ (91x - 75x)/125 = 48
⇒ 16x/125 = 48
⇒ x = (48 × 125)/16
= 3 × 125
= Tk. 375.

২২.
The population of a town is 40,000. It decreases by 20 per thousand per year. Find out the population after 2 years.
  1. ক) 38416
  2. খ) 38226
  3. গ) 38484
  4. ঘ) 38266
সঠিক উত্তর:
ক) 38416
উত্তর
সঠিক উত্তর:
ক) 38416
ব্যাখ্যা

R = {(20 × 100)/1000)}
= 2% [percentage is calculated for twenty per thousand]
Population after 2 years
= P(1 - R/100)T
= 40000{1 - (2/100)}2
= 40000{1 - (1/50}2
= 40000(49/50)2
= (40000 × 49 × 49)/(50 × 50)
= 16 × 49 × 49
= 38416.

২৩.
On a sum of money, the simple interest for 2 years is Tk. 320, while the compound interest is Tk. 340, the rate of interest being the same in both the cases. The rate of interest is -
  1. ক) 12.5%
  2. খ) 14.25%
  3. গ) 15%
  4. ঘ) 10.5%
সঠিক উত্তর:
ক) 12.5%
উত্তর
সঠিক উত্তর:
ক) 12.5%
ব্যাখ্যা

Simple interest for 2 years is Tk. 320
⇒ Simple interest for first year = 320/2 = 160
⇒ Similarly, simple interest for the second year is also 160
Compound Interest for first year = 160
Compound Interest for second year = 340-160 = 180
we can see that compound Interest for the second year is more than
simple interest for the second year by 180-160 = 20
i.e., Tk. 20 is the simple interest on Tk. 160 for 1 year
R = 100 × S.I./PT
= (100 × 20)/(160 × 1)
= 12.5%

২৪.
A bank offers 10% interest rate compounded annually. A person deposits Tk. 20,000 every year in his account. If he does not withdraw any amount, then how much balance will his account show after four years?
  1. ক) Tk. 104202
  2. খ) Tk. 102220
  3. গ) Tk. 102102
  4. ঘ) Tk. 104222
সঠিক উত্তর:
গ) Tk. 102102
উত্তর
সঠিক উত্তর:
গ) Tk. 102102
ব্যাখ্যা

Tk. 20000 after 4 years = 20000{1 + (10/100)}4 =Tk. 29282
Tk. 20000 after 3 years = 20000{1 + 10/100)}3 =Tk. 26620
Tk. 20000 after 2 years = 20000{1 + 10/100)}2 =Tk. 24200
Tk. 20000 after 1 years = 20000{1 + 10/100)}1 =Tk. 22000
Total amount after 4 years = 29282 + 26620 + 24200 + 22000 = Tk. 102102

২৫.
If a sum on compound interest becomes three times in 4 years, then with the same interest rate, the sum will become 81 times in -
  1. ক) 18 years
  2. খ) 12 years
  3. গ) 16 years
  4. ঘ) 14 years
সঠিক উত্তর:
গ) 16 years
উত্তর
সঠিক উত্তর:
গ) 16 years
ব্যাখ্যা

Let the sum be P
The sum P becomes 3P in 4 years on compound interest
3P = P{(1 + R/100)}4
3 = {1 + R/100)}4
Let the sum P becomes 81P in n years
81P = P{1 + (R/100)}n
81 = {1 + (R/100)}n
34 = {1 + (R/100)}n
[{1 + (R/100)}4]4 = {1 + (R/100)}n
{1 + (R/100)}16 = {1 + (R/100)}n
n = 16.