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10th ICSE
IMPORTANT
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Ashit has Recurring Deposit Account. He deposits ₹950.00 per month for a period of 24 months. At the time of maturity, he gets an interest of ₹2256.25. Find the rate of interest (in %).

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Important Questions on Banking

HARD
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 5
Sahil opened a Recurring Deposit Account. He deposits ₹150 per month for 8 months. At the time of maturity, he received ₹1236. Find the rate of interest (in % ).
HARD
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 7
Mr. Aditya has a 4 year cumulative term Deposit Account in Axis Bank and deposits ₹650 per month. If he receives ₹36296 at the time of maturity, with the rate of interest k% then find k.
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10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 8
Ahmed has a Recurring Deposit Account in a bank. He deposits ₹2500 per month for 2 year. If he gets ₹66250 at the time of maturity and the interest paid by the bank is ₹k then find k.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 8
Ahmed has a Recurring Deposit Account in a bank. He deposits ₹2500 per month for 2 year. If he gets ₹66250 at the time of maturity with the rate of interest k% then find k.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 9
Mr. Anand opened a cumulative Deposit Account of monthly installment ₹200 at 9% per annum simple interest. She earned a total interest of ₹1764. How many installments did she pay?
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 10
Ms. Mamta opened a cumulative Deposit Account of monthly installment of ₹1200 at 9% per annum simple interest. She earned a total interest of ₹5994. How many installments did she pay?
HARD
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 11
A man has a Recurring Deposit Account in a bank for 312 yr. If the rate of interest is 12% per annum and the man gets₹30618 on maturity and the value of monthly installment is ₹k then find k.
HARD
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 12
Kamal has a Recurring Deposit Account in a bank for 312 year at 9.5% per annum. If he gets ₹58978, at the time of maturity and the monthly instalment is ₹k then find k.