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प्रश्न
Mr. Dhruv deposits Rs 600 per month in a recurring deposit account for 5 years at the rate of 10% per annum (simple interest). Find the amount he will receive at the time of maturity.
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उत्तर
Deposit per month = ₹ 600
Rate of interest = 10% p.a.
Period (n) = 5 years 60 months.
Total principal for one month
= `₹600 xx ("n"("n" + 1))/(2)`
= `₹600 xx (60(60 + 1))/(2)`
= `₹(600 xx 60 xx 61)/(2)`
= ₹ 1098000
Interest
= `"prt"/(100)`
= `(1098000 xx 10 xx 1)/(100 xx 12)`
= ₹ 9150
∴ Amount of maturity
= ₹ 600 × 60 + ₹ 9150
= ₹ 36000 + ₹ 9150
= ₹ 45150.
संबंधित प्रश्न
A page from a savings bank account passbook is given below:
| Date | Particulars | Amount withdrawn (Rs.) |
Amount Deposited (Rs.) |
Balance (Rs.) |
| Jan 7, 2016 | B/F | 3,000.00 | ||
| Jan 10, 2016 | By Cheque | 2600.00 | 5600.00 | |
| Feb 8, 2016 | To Self | 1500.00 | 4100.00 | |
| Apr 6, 2016 | By Cheque | 2100.00 | 2000.00 | |
| May 4, 2016 | By Cash | 6500.00 | 8500.00 | |
| May 27, 2016 | By Cheque | 1500.00 | 10000.00 |
1) Calculate the interest for the 6 months from January to June 2016, at 6% per annum.
2) If the account is closed on 1st July 2016, find the amount received by the account holder.
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| 2006 | ||||
| Jan 1 | Balance B/F | 7,500.00 | ||
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Deposits (in ₹) |
Balance (in ₹) |
| Jan 3, 07 | B/F | - | - | 2,642·00 |
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| March 5 | By cash | - | 850·00 | 2,852·00 |
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