हिंदी

In a recurring deposit account, Mohit deposited ₹ 5,000 per month for one year and at maturity gets ₹ 67,500; the total interest earned is ______. - Mathematics

Advertisements
Advertisements

प्रश्न

In a recurring deposit account, Mohit deposited ₹ 5,000 per month for one year and at maturity gets ₹ 67,500; the total interest earned is ______.

विकल्प

  • ₹ 60,000

  • ₹ 67,500

  • ₹ 52,500

  • ₹ 7,500

MCQ
रिक्त स्थान भरें
Advertisements

उत्तर

In a recurring deposit account, Mohit deposited ₹ 5,000 per month for one year and at maturity gets ₹ 67,500; the total interest earned is ₹ 7,500.

Explanation:

P = ₹ 5000,

n = 1 year = 12 months,

M.V = ₹ 67500

Since, Maturity Value = Total Sum Deposited + Interest

67500 = (₹ 5000 × 12) + Interest

Interest = 67500 – 60000

= ₹ 7500

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Rishabh has the recurring deposit account in a post office for 3 years at 8% p.a. simple interest. If he gets Rs 9,990 as interest at the time of maturity, find:

1) The monthly instalment.

2) The amount of maturity.


John had a savings bank account in a bank. In the months of april, 97 and May, 97 He had the following entries in his passbook.

Date Particulars Withdrawals (In Rs) Deposits (In Rs) Balance (In Rs)
April 1 By Balance     4,600.00
April 7 By cash   1,200.00 5,800.00
April 24 To Cheque 800.00   5,000.00
May 16 By Cheque   2,000.00 7,000.00
May 29 To Cash 1,500.00   5,500.00

Find the amounts on which John will get interest for the months of April, 97 and May 97.

 


A man holds a savings bank account in the union bank of India. A page of his passbook shows the following entries:

Date Particulars Withdrawals (Rs) Deposits (Rs) Balance (Rs)
May 1 B/F     3,200.00
May 6 By Cheque   500.00 3,700.00
May 17 By Cheque   800.00 4,500.00
June 4 By Cash   1,300.00 5,800.00
June 9 To Cheque 1,650.00   4,150.00

Calculate the rate of interest per annum if the total interest earned for the months of May and June is Rs. 39.25`


Aarushi has a recurring deposit account for 2 years at 6% pa. She receives Rs 1,125 as interest on maturity.
(a) Find the monthly instalment amount.
(b) Find the maturity amount.


Mr. Richard has a recurring deposit account in a post office for 3 years at 7.5% p.a. simple interest. If he gets Rs. 8,325 as interest at the time of maturity, find:

  1. the monthly instalment.
  2. the amount of maturity.

Naseem has a 5 years Recurring Deposit account in Punjab National Bank and deposit? Rs. 240 per month. If she receives Rs. 17,694 at the time of maturity find the rate of interest.


Mr. S.K. Mishra had a Savings Bank Account in Punjab National Bank. His Passbook had the following entries:

Date Particulars Withdrawals
(in ₹)
Deposits
(in ₹)
Balance
(in ₹)
1998, Jan. 8 By Cash - 500·00 500·00
March 19 To Cheque No. 626 100·00 - 400·00
May 23 By Cheque - 1500·00 1,900·00
July 29 To Withdrawals Slip 200·00 - 1,700·00
Sept 2 By Cash - 1,300·00 3,000·00

If the interest is paid at the rate of 5% per annum at the end of September every year, calculate the amount he will get if he closes the account on October 30, of the same year.


Mrs. Kapoor opened a Savings Bank Account in State Bank of India on 9th January 2008. Her passbook entries for the year 2008 are given below:

Date Particulars Withdrawals
(in ₹)
Deposits
(in ₹)
Balance
(in ₹)
Jan. 9, 2008 By cash - 10,000 10,000
Feb. 12, 2008 By cash - 15,500 25,500
April 6, 2008 To Cheque 3,500 - 22,000
April 30, 2008 To Self 2,000 - 20,000
July 16, 2008 By Cheque - 6,500 26,500
August 4, 2008 To Self 5,500 - 21,000
August 20, 2008 To Cheque 1,200 - 19,800
Dec. 12, 2008 By Cash - 1,700 21,500

Mrs. Kapoor closes the account on 31st December, 2008. If the bank pays interest at 4% per annum, find the interest Mrs. Kapoor receives on closing the account. Give your answer correct to the nearest rupee.


Ankita started paying Rs 400 per month in a 3 years recurring deposit. After six months her brother Anshul started paying Rs 500 per month in a `2(1)/(2)` years recurring deposit. The bank paid 10% p.a. simple interest for both. At maturity who will get more money and by how much?


A man gets ₹ 1,404 as interest at the end of one year. If the rate of interest is 12% per annum in R.D. account, the monthly instalment is ______.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×