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 8088 from the bank after 3 yr, then find the value of his monthly instalment.

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Important Questions on Banking

MEDIUM
10th ICSE
IMPORTANT
Kiran deposited200 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.
MEDIUM
10th ICSE
IMPORTANT
Ahmed has a Recurring Deposit Account in a bank. He deposits2500 per month for 2 yr. If he gets 66250 at the time of maturity, then find the interest paid by the bank.
MEDIUM
10th ICSE
IMPORTANT
Ahmed has a Recurring Deposit Account in a bank. He deposits2500 per month for 2 yr. If he gets 66250 at the time of maturity, then find the rate of interest.
HARD
10th ICSE
IMPORTANT

Sneha opened a cumulative time deposit account with a bank and deposits 500 114 yr. If she receives300 as interest, then find the rate of interest per annum.

HARD
10th ICSE
IMPORTANT

Dinesh opened a Recurring Deposit Account with State Bank of India. He deposited, 900 per month at 7.5% per annum. · He received, 1687.5 as interest. Then, the time period of his deposit will be

HARD
10th ICSE
IMPORTANT

A Recurring Deposit Account of, 1200 per month has a maturity value of, 12440. If the rate of interest is 8% and the interest is calculated at the end of every month, then find the time of this Recurring Deposit Account.

(a) 10 months   (b) 20 months (c) 30 months   (d) 50 months

HARD
10th ICSE
IMPORTANT

Vishal has a Recurring Deposit Account in a finance company for 1 yr at 8% per annum. If he gets 9390 at the time of maturity, then how much amount per month has been invested by Vishal?

HARD
10th ICSE
IMPORTANT

Ravi deposited 400 per month in a Recurring Deposit Account for 2 yr at 9% per annum. Sonu deposited 400 per month in a Recurring Deposit Account for 212 yr at 12% per annum. Which of the following can be concluded about the interests to be paid to them on maturities of their deposits?