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प्रश्न
A certain money is deposited in a recurring deposit account for 15 months. If the interest earned for this deposit is one-fifth of the monthly instalment; the rate of interest is ______.
विकल्प
6%
2%
10%
4%
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उत्तर
A certain money is deposited in a recurring deposit account for 15 months. If the interest earned for this deposit is one-fifth of the monthly instalment; the rate of interest is 2%.
Explanation:
P = ₹ x,
n = 15 months,
I = `1/5 xx x`
∴ `I = P xx (n(n + 1))/(2 xx 12) xx R/100`
`\implies x/5 = x xx (15 xx 16)/(2 xx 12) xx R/100`
`\implies` R = `x/5 xx (2 xx 12)/(15 xx 16) xx 100/x`
∴ R = 2%
संबंधित प्रश्न
Mr. Britto deposits a certain sum of money each month in a Recurring Deposit Account of a bank. It the rate of interest is of 8% per annum and Mr. Britto gets Rs. 8,088 from the bank after 3 years, find the value of his monthly instalment.
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| Date | Particulars | Withdrawals (in Rs.) | Deposits (in Rs.) | Balance (in Rs.) |
| Ist April 2007 | By Cash | - | 8550.00 | 8550.00 |
| 12th- April 2007 | To Self | 1200.00 | -- | 7350.00 |
| 24th April 2007 | By Cash | - | 4550.00 | 11900.00 |
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| 17th Sept. 2007 | By Cheque | 2500.00 | - | 14400.00 |
| 11th Oct. 2007 | By Cash | - | 800.00 | 15200.00 |
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If the bank pays interest at the rate of 5% per annum, find the interest paid on 1st April 2008. Give your answer correct to the nearest rupee.
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Amount Deposits (In Rs) |
Balance (In Rs) |
| Jan 1, 2000 Jan, 8 Feb 18 May 19 July 15 Oct 7 |
By Balance By cash To Cheque By Cash To self By cash |
- - 10,500 - 2,400 - |
- 6,000 - 6,300 - 3,600 |
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| Date | Particulars | Debit (Rs) | Credit (Rs) | Balance (Rs) |
| 2006 | ||||
| Jan 1 | Balance B/F | 7,500.00 | ||
| March 7 | By Cheque | 1,875.00 | ||
| March 10 | By Cash | 625.00 | ||
| July 17 | To self | 3,250.00 | ||
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Deposits (in ₹) |
Balance (in ₹) |
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