Question

In a cumulative deposit account, a man deposited ₹ 5,000 per month for 6 months and received ₹ 33,000 on maturity.

Assertion (A): The interest received by him is ₹ 3,000.

Reason (R): Interest received in a cumulative deposit account = Maturity value - Total sum deposited.

विकल्प

• A is true, R is false.

• A is false, R is true.

• Both A and R are true and R is the correct reason for A.

• Both A and R are true and R is the incorrect reason for A.

Answer 1

Both A and R are true and R is the correct reason for A.

Explanation:

Total amount deposited:

₹ 5,000 × 6 = ₹ 30,000

Maturity value = ₹ 33,000

Therefore, interest received:

₹ 33,000 − ₹ 30,000 = ₹ 3000

Thus, Assertion (A) is true, and Reason (R) is also true and correctly explains Assertion (A).