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प्रश्न
Sonia had a recurring deposit account in a bank and deposited Rs. 600 per month for 2 1/2 years. If the rate of interest was 10% p.a., find the maturity value of this account.
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उत्तर
Given: P = Rs. 600, n 30months and r = 10%
∴ I = `Rs(600 xx (30(30+1))/(2xx12) xx 10/100) = Rs 2325`
Since sum deposited = P x n = Rs. 600 x 30 Rs. 18000.
Thus, the maturity value Rs. (18000 + 2325) = Rs. 20325
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संबंधित प्रश्न
A page from the savings bank account of Mrs Ravi is given below.
| Date | Particulars | Withdrawal (Rs.) |
Deposit (Rs.) | Balance (Rs.) |
| April 3rd 2006 | B/F | 6000 | ||
| April 7th | By cash | 2300 | 8300 | |
| April 15th | By cheque | 3500 | 11800 | |
| May 20th | To self | 4200 | 7600 | |
| June 10th | By cash | 5800 | 13400 | |
| June 15th | To self | 3100 | 10300 | |
| August 13th | By cheque | 1000 | 11300 | |
| August 25th | To self | 7400 | 3900 | |
| September 6th 2006 |
By cash | 2000 | 5900 |
She closed the account on 30th September 2006. Calculate the interest Mrs Ravi earned
at the end of 30th September 2006 at 4.5% per annum interest. Hence, find the
amount she receives on closing the account.
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Make the entries in his passbook
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Make the entries in her passbook
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If the rate of simple interest was 5% pa compounded at the end of March and September, find her balance on 1.04.2008
If Pankaj deposits 1,50,000 rupees in a bank at 10 p.c.p.a. for two years, what is the total amount he will get from the bank?
Fill in the blanks in the table.
| Principal | Rate of interest (p.c.p.a.) | Time | Interest | Amount |
| ....... | `2 1/2%` | 5 years | 2400 | ...... |
