Advertisements
Advertisements
प्रश्न
Mr. Sonu has a recurring deposit account and deposits ₹ 750 per month for 2 years. If he gets ₹ 19125 at the time of maturity, find the rate of interest.
योग
Advertisements
उत्तर
P = 750 (monthly deposit)
n = 24 months (2 years)
MV = ₹ 19125
Total amount deposited:
= P ⋅ n
= 750 ⋅ 24
= ₹ 18000
Interest earned:
Interest = 19125 − 18000
= ₹ 1125
`1125=(750xx24xx25xxr)/(2xx12xx100)`
`=> 1125 = (750xx600xxr)/2400`
`=> 1125 = (450000r)/2400`
`=> r = 1125xx2400/450000`
r = 6%
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
