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10th ICSE
IMPORTANT
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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?

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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 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.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 13
Mr. Bisla has a Recurring Deposit Account for 2 year at 6% interest per annum. He receives ₹975 as interest on maturity. If the monthly instalment amount is ₹k then find k.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 14
Mohan has a Recurring Deposit Account in a bank for 2 year at 6% per annum simple interest. If he gets ₹1200 as interest at the time of maturity and the monthly instalment is ₹k then find k.
HARD
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 14
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 and the amount of maturity is ₹k then find k.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 15
Ms. Arora deposits₹100 per month in a cumulative Deposit Account for a period of 5 year. After the end of the period, she will receive₹7220 (Consider the rate of interest to be simple). If the rate of interest per annum is k% then find k.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 15
Ms. Arora deposits ₹100 per month in a cumulative Deposit Account for a period of 5 year. After the end of the period, she will receive₹7220 (Consider the rate of interest to be simple). If the total interest that Ms. Arora will earn is ₹k then find k.
MEDIUM
10th ICSE
IMPORTANT
All In One ICSE Mathematics Class 10>Chapter 2 - Banking>CHAPTER EXERCISE>Q 16
Shilpa has a 4 yr Recurring Deposit Account in Bank of Maharashtra and deposits ₹800 per month. If she gets₹48200 at the time of maturity, then find the rate of (simple) interest.