मराठी

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?

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प्रश्न

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?

बेरीज
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उत्तर

Deposit per month = Rs. 150
Rate of interest = 8% per
Period (x) = 8 month
∴ Total principal for one month

= `150 xx (x(x + 1))/(2)`

= `"Rs".150 xx (8(8 xx 1))/(2)`

= `(150 xx 8 xx 9)/(2)`
= Rs.5400.
∴ Interest

= `"prt"/(100)`

= `(5400 xx 8 xx 1)/(100 xx 12)`
= Rs.36
∴ Amount of Maturity
= Rs.150 x 8 + Rs.36
= Rs.1200 + 36
= Rs.1236.

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पाठ 2: Banking - Exercise 2.1

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

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Jan 5
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April 2
April 10
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Balance B/F
To Cheque
By Cheque
By Cheque
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By Cash

1,200.00

 

950.00

 

 

2,300.00
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