Nowadays cash mobile banking has become quite popular. And why or why not 6 Cash is giving different opportunities to their customers which is why people are choosing more cash. Along with the various benefits in cash they are giving means the benefit of profit every year. You make a profit every month from the amount of money you keep in cash. So many people do not know how to calculate this profit? Does it pay every year or every month? I will tell you the details about this today. Then it will be clear to you. First of all, when opening a cash account, you have to say yes to the profit option.
How much profit will you get if you keep how much money?
You will get a profit on the amount of your money in cash, for example, if you have
0 to 1000.99 Taka Profit 0%
If you have Rs.1001 to Rs.5000.99, you will get 5% profit.
If you have Rs.5001 to Rs.300,000, you will get a profit of 7.5%.
This is an annual account but they will give you your monthly profit per month. Now let’s see how to calculate. Suppose you have Taka.
At 100 rupees you will get 7.5 rupees per year
Then for 1 taka you will get (8.5 ÷ 100) = 0.075 taka
Then you get 10,000 rupees (10000 × 0.075) = 650 rupees
Now at clear 10 thousand rupees you will get a profit of 750 rupees per year. Now how much money will you get per month? If 750 rupees in 12 months, how much money will be in 1 month? (650 ÷ 12) = 72.5 rupees
means if you have 10 thousand rupees in cash, you will get a profit of 72.5 rupees per month.
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