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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%?
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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. Richard has a recurring deposit account in a bank for 3 years at 7.5% p.a. simple interest. If he gets Rs. 8325 interest at the time of maturity, find
- the monthly deposit
- the maturity value.
Shahrukh opened a Recurring Deposit Account in a bank and deposited Rs 800 per month for 1 1/2 years. If he received Rs 15084 at the time of maturity, Find the rate of interest per annum.
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
- monthly installment
- the maturity value of the account.
A page from the passbook of Mrs. Rama Bhalla is given below:
| Date | Particulars | Withdrawals (In Rs) | Deposits (In Rs) | Balance (In Rs) |
| January 1 | B/F | 2,000.00 | ||
| January 9 | By Cash | 200.00 | 2,200.00 | |
| February 10 | To Cheque | 500.00 | 1,700.00 | |
| February 24 | By Cheque | 300.00 | 2,000.00 | |
| July 29 | To Cheque | 200.00 | 1,800.00 | |
| November 7 | By Cash | 300.00 | 2,100.00 | |
| December 8 | By Cash | 200.00 | 2,300.00 |
Calculate the interest to Mrs. Bhalla for the period from January 2004 to December 2004, at the rate of 5% per annum.
Mr. Verma opened a savings bank account with the state bank of India on 5th April 2007 with Rs. 8,500. For the financial year 2007-2008, the other transactions with the bank are given below:
(i) 15-05.2007; deposited Rs. 3,700
(ii) 27-07-2007; withdrew Rs. 2,400
(iii) 06-09-2007; withdrew Rs. 1,600
(iv) 18-12-2007; deposited Rs. 4,500
(v) 29-01-2008; Deposited Rs. 1,900
(vi) 23-03-2008; account closed.
Taking the rate of interest as 6% per annum, find the amount that Mr. Verma gets on closing the account.
Mr. Pradip deposited Rs 2,400 pm in bank for One year 6 months under the recurring deposit scheme. If the maturity value of his deposit is Rs 47,304 find the rate of interest per annum.
Samita has a recurring deposit account in a bank of Rs 2000 per month at the rate of 10% p.a. If she gets Rs 83100 at the time of maturity. Find the total time for which the account was held.
Mrs. Asha Mehta deposit Rs 250 per month for one year in a bank’s recurring deposit account. If the rate of (simple) interest is 8% per annum, then the interest earned by her on this account is
Mr. Dhruv deposits Rs 600 per month in a recurring deposit account for 5 years at the rate of 10% per annum (simple interest). Find the amount he will receive at the time of maturity.
Mr. Sameer has a recurring deposit account and deposits ₹ 600 per month for 2 years. If he gets ₹ 15600 at the time of maturity, find the rate of interest earned by him.
