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प्रश्न
Mr. Sameer has a recurring deposit account and deposits ₹ 600 per month for 2 years. If he gets ₹ 15600 at the time of maturity, find the rate of interest earned by him.
उत्तर
Qualifying Sum = `(600 xx 24 xx 25)/2` = 1,80,000
Interest = `(600 xx 24 xx 25)/2 xx r/100 xx 1/12` = 150r
Maturity Value = ₹ 15600
600 × 24 + 150r = ₹ 15600
150r = ₹ 15600 – ₹ 14400
`\implies` r = `1200/150` = 8%
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Feb8 | B/F | - | - | Rs. 8500 |
Feb 18 | To self | Rs. 4000 | - | |
April 12 | By cash | - | Rs. 2230 | |
June 15 | To self | Rs. 5000 | - | |
July 8 | By cash | - | Rs. 6000 |
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April 1 | By Balance | 4,600.00 | ||
April 7 | By cash | 1,200.00 | 5,800.00 | |
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May 16 | By Cheque | 2,000.00 | 7,000.00 | |
May 29 | To Cash | 1,500.00 | 5,500.00 |
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