A person named Rafiq’s annual income has increased for Tk. 3500 but there is no charge in the income tax payable for him since the rate of income tax has been reduced from 7% to 4%. Find his present income.

the answer is 200

step-by-step explanation:

the way the question is worded, it seems to imply the $264 interest is simple interest, not compound interest.

the simple interest for 2 years is $264; the simple interest for 1 year is $132.

$132 interest on a $600 investment means an interest rate of (132/600)*100 = 22%.

the value of $200 at 22% interest compounded annually for three years is

200%281.22%29%5e3

the amount of interest is that value, minus the original $200.

his chances of getting a coin of higher value is 4/19

step-by-step explanation:

salary

step-by-step explanation: