हिंदी

Naveen deposits ₹ 800 every month in a recurring deposit account for 6 months. If he receives ₹ 4884 at the time of maturity, then the interest he earns is ______.

Advertisements
Advertisements

प्रश्न

Naveen deposits ₹ 800 every month in a recurring deposit account for 6 months. If he receives ₹ 4884 at the time of maturity, then the interest he earns is ______.

विकल्प

  • ₹ 84

  • ₹ 42

  • ₹ 24

  • ₹ 284

MCQ
रिक्त स्थान भरें
Advertisements

उत्तर

Naveen deposits ₹ 800 every month in a recurring deposit account for 6 months. If he receives ₹ 4884 at the time of maturity, then the interest he earns is ₹ 84.

Explanation:

Maturity value = ₹ 4884

Deposited value = ₹ 800 × 6

= ₹ 4800

∴ Interest earns by him = ₹ 4884 – ₹ 4800

= ₹ 84

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Banking - Exercise 2B [पृष्ठ २३]

APPEARS IN

नूतन Mathematics [English] Class 10 ICSE
अध्याय 2 Banking
Exercise 2B | Q 1. | पृष्ठ २३
आर.एस. अग्रवाल Mathematics [English] Class 10 ICSE
अध्याय 2 Banking
EXERCISE 2 | Q 7. | पृष्ठ २१

वीडियो ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्न

Katrina opened a recurring deposit account with a Nationalised Bank for a period of 2 years. If the bank pays interest at the rate 6% per annum and the monthly instalment is Rs. 1,000, find the:

  1. Interest earned in 2 years.
  2. Matured value.

Given below are the entries in a Saving Bank A/c passbook.

Date Particulars Withdrawals Deposit Balance
Feb8 B/F - - Rs. 8500
Feb 18 To self Rs. 4000 -  
April 12 By cash - Rs. 2230  
June 15 To self Rs. 5000 -  
July 8 By cash - Rs. 6000  

Calculate the interest for six months from February to July at 6% p.a.


Pramod deposits Rs. 600 per month in a Recurring Deposit Account for 4 years. If the rate of interest is 8% per year; calculate the maturity value of his account.


Peter has a recurring deposit account in Punjab National Bank at Sadar Bazar, Delhi for 4 years at 10% p.a. He will get Rs 6,370 as interest on maturity. Find

  1. monthly installment
  2. the maturity value of the account.

Geeta opened a savings bank account in a bank on `7^"th"` Nov., 08 and deposited Rs. 750. She withdrew Rs. 200 on `30^"th"` Nov., 08. If no other withdrawal or deposit was made by her during this month; find the amount on which she would receive interest for the month of Nov., 08.


Mr. Sen has a savings bank account with a post office.
(i) calculate the interest earned by Mr. Sen during the year 2010 at 6.5% per annum payable in December if the entries during the year in his passbook are as given below: 

Date Particulars Withdrawals (Rs) Deposits (Rs)
2.1.10 By cash   250.00
9.1.10 By Cheque   825.00
13.3.10 To Cash 325.00  
24.7.10 By Cash   1,237.00
6.10.10 To Cheque 250.00  
22.12.10 By Cheque   958.00

(ii) Also, calculate the interest when the principal for every month is taken as the nearest multiple of Rs. 10.


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.


Given the following details, calculate the simple interest at the rate of 6% per annum up to June, 30:

Date Debit (in ₹) Credit (in ₹) Balance (in ₹)
January 1 - 24,000·00 24,000·00
January 20 5,000·00 - 19,000·00
January 29 - 10,000·00 29,000·00
March 15 - 8,000·00 37,000·00
April 3 - 7,653·00 44,653·00
May 6 3,040·00 - 41,613·00
May 8 - 5,087·00 46,700·00

Suresh has a recurring deposit account in a bank. He deposits ₹ 2000 per month and the bank pays interest at the rate of 8% per annum. If he gets ₹ 1040 as interest at the time of maturity, find in years total time for which the account was held.


₹ 800 per month is deposited in an R.D. account for one and half years. If the depositor gets ₹ 2,280 as interest at the time of maturity, the rate of interest is ______.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×