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Problem Solving: (Show your calculations/steps) [5x2=10 Marks]

1. (i) Mr. Zahir received Eid Bonus of Tk.7,875. He distributed the money among his three daughters named Lipi,Rimi,and Shahnaz.Lipi got 3/5 of what Shahnaz got. Shahnaz got double of what Rimi got. Determine the actual amount of money that each of the sisters got.

(ii) Abul lent Tk 5000 to Bokul for 2 years and Tk3000 to Chunnu for 4 years on simple interest at the same rate of interest and received Tk2200 in all both of them as interest. What is the rate of interest per annum?

[AB Bank Asst. Officer-2014 : 2014]

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Answer
Answer:
i. Rimi= 1875, Shanaz= (2x1875)= 3750, and Lipi=3750x 3/5=2250
ii. The rate of interest per annum= 10%

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