मराठी

A Page from the Saving Bank Account of Priyanka is Given Below:If the Interest Earned by Priyanka for the Period Ending September, 2006 is Rs. 175, Find the Rate of Interest.

Advertisements
Advertisements

प्रश्न

A page from the saving bank account of Priyanka is given below:

Date Particulars Amount
withdrawn(₹)
Amount deposited
(₹)
Balance
(₹)
3/4/2006 B/F - - 4,000·00
5/4/2006 By Cash - 2,000·00 6,000·00
18/4/2006 By cheque - 6,000·00 12,000·00
25/5/2006 To cheque 5,000·00 - 7,000·00
30/5/2006 By cash - 3,000·00 10,000·00
20/7/2006 By self 4,000·00 - 6,000·00
10/9/2006 By cash - 2,000·00 8,000·00
19/9/2006 To cheque 1,000·00 - 7,000·00

If the interest earned by Priyanka for the period ending September 2006 is Rs. 175, find the rate of interest.

बेरीज
Advertisements

उत्तर

Principal for the month of April                =   ₹ 6,000
Principal for the month of May                 =   ₹ 7,000
Principal for the month of June                =  ₹ 10,000
Principal for the month of July                 =    ₹ 6,000
Principal for the month of August            =   ₹ 6,000
Principal for the month of September      =   ₹ 7,000
Total Principal for one month                   =  ₹ 42,000
P = ₹ 42,000,
R = r% per annum, T = `(1)/(12)`
I = ₹ 175

Thus,
I = `"PRT"/(100)`

175 = `(42,000 xx  r)/(100) xx (1)/(2)`

r = `(175 xx 12)/(420)`

= 5%

shaalaa.com
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

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.


Mr. Bajaj needs Rs. 30,000 after 2 years. What least money (in multiple of 5) must he deposit every month in a recurring deposit account to get required money at the end of 2 years, the rate of interest being 8% p.a.?


Rishabh has the recurring deposit account in a post office for 3 years at 8% p.a. simple interest. If he gets Rs 9,990 as interest at the time of maturity, find:

1) The monthly instalment.

2) The amount of maturity.


The following enb·ies are from the saving bank account passbook of Mr. Ratnesh. If the rate of interest paid by the bank is 4. 5°/op.a. calculated at the end of March and September, find the balance in his account at the end of the year.

Date Particulars Withdrawls Deposits Balance
03.01.2006 By B/F     17900.00
09.01.2006 To Cash 3700.00   14200.00
06.02.2006 To Cheque 2450.00   11750.00
21.02.2006 By Cash   15600.00 27350.00
17.03.2006 By Cash   9850.00 37200.00
31.03.2006 By Interest       
06.06.2006 To Cheque 4100.00    
22.08.2006 To Cash 1500.00    
05.09.2006 By Cheque   17300.00  
09.09.2006 To Cash 6300.00    
30.09.2006 By Interest      
04.12.2006 To Cash 3000.00    
11.12.2006 By Cheque   11760.00  

A page of Passbook of Mrs. C. Malik Savings Bank Account in year 2002 is given below:

Date Year 2002 Particulars Amount Withdrawn
(in ₹)
Amount Deposited
(in ₹)
Balance
(in ₹)
Jan. 1 By Balance - - 2,100·00
Jan. 7 By Cash - 1,000·00 3,100·00
Feb. 1  By Cash - 500·00 3,600·00
Feb. 15 To Cheque 2,000·00 - 1,600·00
March 15 By Cash - 2,000·00 3,600·00
March 20 To Cheque 1,000·00 - 2,600·00
June 12 By Cash - 3,000·00 5,600·00
June 28 To Cheque 1,000·00 - 4,600·00
Oct. 15 To Cheque 3,000·00 - 4,600·00
Nov. 5 By Cash - 1,500·00 3,100·00
Dec. 10 By Cash - 500·00 3,600·00
Dec. 20 To Cheque 1,000·00 - 2,600·00

If the rate of interest decreases from 5% to 4% with effect from June 1st, 2002, compute the interest at the end of the year.


Salom deposited Rs 150 per month in a bank for 8 months under the Recurring Deposit Scheme. ‘What will be the maturity value of his deposit if the rate of interest is 8% per annum?


Shahrukh opened a Recurring Deposit Account in a bank and deposited Rs. 800 per month for `1 1/2` years. If he received Rs. 15,084 at the time of maturity, find the rate of interest per annum.


John deposited Rs 400 every month in a bank’s recurring deposit account for `2(1)/(2)` years. If he gets Rs 1085 as interest at the time of maturity, then the rate of interest per annum is


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×