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 ______.

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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
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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

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