Advertisements
Advertisements
प्रश्न
Veena deposits Rs. 100 per month in a bank cumulative time deposit scheme for a period of 5 years. What amount does she get on maturity if the rate of interest is 16%?
Advertisements
उत्तर
See the table of RD. scheme. For a monthly installment of Rs. 100 per month the maturity values after 5 years is Rs. 8,447.80.
संबंधित प्रश्न
Mr. Britto deposits a certain sum of money each month in a Recurring Deposit Account of a bank. It the rate of interest is of 8% per annum and Mr. Britto gets Rs. 8,088 from the bank after 3 years, find the value of his monthly instalment.
David opened a Recurring Deposit Account in a bank and deposited Rs. 300 per month for two years. If he received Rs. 7,725 at the time of maturity, find the rate of interest per annum.
The maturity value of an R.D. Account is ₹ 16176. If the monthly instalment is ₹ 400 and the rate of interest is 8%; find the time (period) of this R.D Account.
A man opened a savings bank account with a bank on 22nd Feb., 1998 and deposited Rs. 300. He further deposited Rs. 1,500 on 5th march 1998 and withdrew Rs. 500 on 12th April 1998. Assuming that he neither deposited not withdrew any money up to the last day of May 1998; write the amounts on which he would receive interest for:
(i) Feb., 1998 (ii) March, 98 (iii) April, 98 (iv) May, 98
Mrs. N. Batra has a savings bank account with the Punjab National bank. She had the following transactions (from 1st January, 2007 to 31st December, 2007) with the bank:
(i) 01-01-2007; B/F Rs. 8,764/-
(ii) 13-03-2007; deposited Rs. 6,482
(iii) 22-06-2007; withdrew Rs. 4,369
(iv) 09-08-2007; withdrew Rs. 1,333
(v) 24-11-2007; Deposited Rs. 2,158
Calculate the interest the accrured upto 31st December, 2007: if the rate of interest is 5% compounded yearly and the principle for every month is taken as the nearest multiple of Rs.10.
Taking the rate of interest as 6% per annum, find the amount that Mr. verma gets on closing the account.
Mr. Patel deposit Rs 2,250 per month in a recurring deposit account for a period of 3 years. At the time of maturity, he gets Rs 90,990.
(a) Find the rate of simple interest per annum.
(b) Find the total interest earned by Mr. Patel.
If Sharukh opened a recurring deposit account in a bank and deposited Rs 800 per month for years, then the total money deposited in the account is
In a recurring deposit account, John deposits ₹ 500 per month for 24 months. If the interest he earns is one-tenth of his total deposit, the rate of interest is ______.
A certain money is deposited every month for 8 months in a recurring deposit account at 12% p.a. simple interest. If the interest at the time of maturity is ₹ 36, the monthly instalment is ______.
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 ______.
