Jitender Gupta and Divya Malik Solutions for Exercise 2: ARCHIVES (Last 8 Years)

Priyanka has a recurring deposit account of $₹1000$ per month at $10\%$ per annum. If she gets $₹5550$ as interest at the time of maturity, find the total time in months for which the account was held.

Katrina opened a Recurring Deposit Account with a nationalised bank for a period of $2$ yr. If the bank pays interest at the rate of $6\%$ per annum and the monthly instalment is $₹1000$, then find the interest earned in $2$ year.

Katrina opened a Recurring Deposit Account with a nationalised bank for a period of $2$ years. If the bank pays interest at the rate of $6\%$ per annum and the monthly instalment is $₹1000$, then find the matured value.

Shahrukh opened a Recurring Deposit Account in a bank and deposited $₹800$ per month for$1\frac{1}{2}$  yr. If he received$₹15084$ at the time of maturity, then find the rate of interest per annum.

Mr. Britto deposits a certain sum of money each month in a Recurring Deposit Account of a bank. If the rate of interest is of $8\%$ per annum and Mr. Britto gets $₹8088$ from the bank after $3$ yr, then find the value of his monthly instalment.

Kiran deposited$₹200$ for $36$ months in a bank Recurring Deposit Account. If the bank pays interest at the rate of $11 \%$ per annum, then find the amount she gets on maturity.

Ahmed has a Recurring Deposit Account in a bank. He deposits$₹2500$ per month for $2$ yr. If he gets $₹66250$ at the time of maturity, then find the interest paid by the bank.

Ahmed has a Recurring Deposit Account in a bank. He deposits$₹2500$ per month for $2$ yr. If he gets $₹66250$ at the time of maturity, then find the rate of interest.