HARD
10th ICSE
IMPORTANT
Earn 100

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 8,088 from the bank after 3 years, find the value of his monthly instalment. 

Important Questions on Banking (Recurring Deposit Accounts)

HARD
10th ICSE
IMPORTANT
Shahrukh opened a Recurring Deposit Account in a bank and deposited 800 per month for 112 years. If he received 15,084 at the time of maturity, find the rate of interest per annum
HARD
10th ICSE
IMPORTANT

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 ? 1,000, find the interest earned in 2 years.

HARD
10th ICSE
IMPORTANT

Katrina opened a recurring deposit account with a Nationalized Bank for a period of 2 years. If the bank pays interest at the rate of 6% per annum and the monthly instalment is  1,000, find the maturity value.

HARD
10th ICSE
IMPORTANT

Mohan has a recurring deposit account in a bank for 2 years at 6% p.a. simple interest. If he gets 1,200 as interest at the time of maturity, find:

the monthly instalment.

HARD
10th ICSE
IMPORTANT

Mohan has a recurring deposit account in a bank for 2 years at 6% p.a. simple interest. If he gets 1,200 as interest at the time of maturity, find:

the amount of maturity.