हिंदी

If Sharukh opened a recurring deposit account in a bank and deposited Rs 800 per month for years, then the total money deposited in the account is

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प्रश्न

If Sharukh opened a recurring deposit account in a bank and deposited Rs 800 per month for  years, then the total money deposited in the account is

विकल्प

  • Rs11400

  • Rs14400

  • Rs13680

  • none of these

MCQ
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उत्तर

Monthly deposit = Rs800
Period (n)
=  `1(1)/(2) `years
= 18 months
.’. Total money deposit
= Rs800 x 18
= Rs14400.

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अध्याय 2: Banking - Multiple Choice Question

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एमएल अग्रवाल Understanding Mathematics [English] Class 10 ICSE
अध्याय 2 Banking
Multiple Choice Question | Q 1

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संबंधित प्रश्न

A page from the savings bank account of Mr. Prateek if given below. 

Date Particulars Withdrawals (In Rs) Deposits (In Rs) Balance (In Rs)
January 1st 2006 B/F - - 1,270
January 7th 2006 By Cheque - 2,310 3,580
March 9th 2006 To self 2,000 - 1,580
March 26th 2006 By cash - 6,200 7,780
June 10th 2006 To Cheque 4,500 - 3,280
July 15th 2006 By clearing - 2,630 5,910
October 18th 2006 To Cheque 530 - 5,380
October 27th 2006 To self 2,690 - 2,690
November 3rd 2006 By cash - 1,500 4,190
December 6th 2006 To cheque 950 - 3,240
December 23rd 2006 By Transfer - 2,920 6,160

If h receives Rs. 198 as interest on 1st January, 2007, Find the rate of interest paid by the bank.


The following enb·ies are from the saving bank account passbook of Mr. Ratnesh. If the rate of interest paid by the bank is 4. 5°/op.a. calculated at the end of March and September, find the balance in his account at the end of the year.

Date Particulars Withdrawls Deposits Balance
03.01.2006 By B/F     17900.00
09.01.2006 To Cash 3700.00   14200.00
06.02.2006 To Cheque 2450.00   11750.00
21.02.2006 By Cash   15600.00 27350.00
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31.03.2006 By Interest       
06.06.2006 To Cheque 4100.00    
22.08.2006 To Cash 1500.00    
05.09.2006 By Cheque   17300.00  
09.09.2006 To Cash 6300.00    
30.09.2006 By Interest      
04.12.2006 To Cash 3000.00    
11.12.2006 By Cheque   11760.00  

Mr. Patel deposit Rs 2,250 per month in a recurring deposit account for a period of 3 years. At the time of maturity, he gets Rs 90,990. 

(a) Find the rate of simple interest per annum.
(b) Find the total interest earned by Mr. Patel.


Mrs. Goswami deposits Rs. 1000 every month in a recurring deposit account for 3 years at 8% interest per annum. Find the matured value.


Amit deposited Rs. 150 per month in a bank for 8 months under the Recurring Deposit Scheme. What will be the maturity value of his deposits, if the rate of interest is 8% per annum and interest is calculated at the end of every month?


Suresh has joined a factory which pays wages by cheque only. He opens a S.B. account on Feb. 1, and his passbook has the following entries Upto 1st April of the year.

Date Particulars Withdrawals(₹) Deposits(₹) Balance(₹)
Feb. 1 By cash - 50·00 50·00
Feb. 2 By salary - 1,000·00 1,050·00
Feb. 4 To withdrawn slip 200·00 - 850·00
Feb. 15 By overtime allowance - 300·00 1,150·00
Feb. 24 To Aslam 100·00 - 1,050·00
March 1 By salary - 1,000·00 2,050·00
March 7 To cheque no. 212 500·00 - 1,550·00
March 21 To cheque no. 213 700·00 - 850·00
March 27 To self 400·00 - 450·00
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A page from the Savings Bank Account of Mr. Prateek is given below:

Date Particulars Withdrawals
(in ₹)
Deposits
(in ₹)
Balance
(in ₹)
January 1st, 2006 B/F - - 1,270
January 7th, 2006 By Cheque - 2,310 3,580
March 9th, 2006 To Self 2,000 - 1,580
March 26th, 2006 By Cash - 6,200 7,780
June 10th, 2006 To Cheque 4,500 - 3,280
July 15th, 2006 By Clearing - 2,630  5,910
October 18th, 2006 To Cheque 530 - 5,380
October 27th, 2006 To Self 2,690 - 2,690
November 3rd, 2006 By Cash - 1,500 4,190
December 6th, 2006 To Cheque 950 - 3,240
December 23rd, 2006 By Transfer - 2,920 6,160

If he receives ₹198 as interest on 1st January 2007, find the rate of interest paid by the bank.


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  1. the total interest earned by Mr. Gupta.
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