MEDIUM
10th ICSE
IMPORTANT
Earn 100

Mrs. Sarkar deposits ₹1600 per month in a Recurring Deposit Account at 9% per annum simple interest. If she gets₹65592 at the time of maturity, then find the total time for which the account was held.

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Important Questions on Banking

MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 20
Samita has a Recurring Deposit Account in a bank of ₹2000 per month at the rate of 10% per annum. If she gets ₹83100 at the time of maturity, then find the total time for which the account was held.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>ARCHIVES (Last 8 Years)>Q 1
Sonia had a Recurring Deposit Account in a bank and deposited ₹600 per month for 2 12 yr. If the rate of interest was 10% per annum, find the maturity value of this account.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>ARCHIVES (Last 8 Years)>Q 2
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.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>ARCHIVES (Last 8 Years)>Q 3
Mr. Richard has a Recurring Deposit Account in a bank for 3 yr at 7.5% per annum simple interest. If he gets ₹8325 as interest at the time of maturity, then find the monthly deposit.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>ARCHIVES (Last 8 Years)>Q 3
Mr. Richard has a Recurring Deposit Account in a bank for 3 yr at 7.5% per annum simple interest. If he gets ₹8325 as interest at the time of maturity, then find the maturity value.
HARD
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>ARCHIVES (Last 8 Years)>Q 4

Mohan has a Recurring Deposit Account in a bank for 2 yr at 6% per annum simple interest. If he gets ₹1200 as interest at the time of maturity, then find the monthly deposit.

HARD
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>ARCHIVES (Last 8 Years)>Q 4
Mohan has a Recurring Deposit Account in a bank for 2 yr at 6% per annum simple interest. If he gets ₹1200 as interest at the time of maturity, then find the maturity value.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>ARCHIVES (Last 8 Years)>Q 5
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.