Mathematics
Shahrukh opened a Recurring Deposit Account in a bank and deposited ₹800 per month for 1½ years. If he received ₹15084 at the time of maturity, find the rate of interest per annum.
Related Questions
David opened a Recurring Deposit Account in a bank and deposited ₹300 per month for two years. If he received ₹7725 at the time of maturity, find the rate of interest.
Mr. Gupta opened a recurring deposit account in a bank. He deposited ₹2500 per month for two years. At the time of maturity he got ₹67500. Find:
(i) the total interest earned by Mr. Gupta.
(ii) the rate of interest per annum.Om has recurring deposit account and deposits ₹ 750 per month for 2 years. If he gets ₹ 19,125 at the time of maturity, find the rate of interest.
Rekha opened a recurring deposit account for 20 months. The rate of interest is 9% per annum and Rekha receives ₹441 as interest at the time of maturity. Find the amount Rekha deposited each month.