HARD
10th ICSE
IMPORTANT
Earn 100

Mr. Gulati has a Recurring Deposit Account of 300 per month. If the rate of interest is 12% and the maturity value of this account is 8,100 ; find the time (in years) of this Recurring Deposit Account.

Important Questions on Banking (Recurring Deposit Accounts)

HARD
10th ICSE
IMPORTANT

Mr. Gupta opened a recurring deposit account in a bank. He deposited 2,500 per month for two years. At the time of maturity he got67,500 . Find

the total interest earned by Mr. Gupta

HARD
10th ICSE
IMPORTANT

Mr. Gupta opened a recurring deposit account in a bank. He deposited 2,500 per month for two years. At the time of maturity he got  67,500. Find:

the rate of interest per annum.

HARD
10th ICSE
IMPORTANT
Pramod deposits 600 per month in a Recurring Deposit Account for 4 years. If the rate of interest is 8% per year; calculate the maturity value of his account.
HARD
10th ICSE
IMPORTANT
Ritu has a Recurring Deposit Account in a bank and deposits 80 per month for 18 months. Find the rate of interest paid by the bank if the maturity value of this account is 1,554
HARD
10th ICSE
IMPORTANT
The maturity value of a R.D. Account is 16,176 . If the monthly instalment is 400 and the rate of interest is 8%; find the time (period) of this R.D. Account.
HARD
10th ICSE
IMPORTANT
Mr. Bajaj needs 30,000 after 2 years. What least money (in multiple of 5) must he deposit every month in a recurring deposit account to get required money at the end of 2 years, the rate of interest being 8% p.a.?
HARD
10th ICSE
IMPORTANT

Mr. Richard has a recurring deposit account in a post office for 3 years at 7.5% p.a. simple interest. If he gets 8,325 as interest at the time of maturity, find:

the monthly instalment.

HARD
10th ICSE
IMPORTANT

Mr. Richard has a recurring deposit account in a post office for 3 years at 7.5% p.a. simple interest. If he gets 8,325 as interest at the time of maturity, find:

the amount of maturity.