मराठी

A Page from the Savings Bank Account of Mr. Prateek is Given Below:If He Receives ₹198 as Interest on 1st January, 2007, Find the Rate of Interest Paid by the Bank. - Mathematics

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प्रश्न

A page from the Savings Bank Account of Mr. Prateek is given below:

Date Particulars Withdrawals
(in ₹)
Deposits
(in ₹)
Balance
(in ₹)
January 1st, 2006 B/F - - 1,270
January 7th, 2006 By Cheque - 2,310 3,580
March 9th, 2006 To Self 2,000 - 1,580
March 26th, 2006 By Cash - 6,200 7,780
June 10th, 2006 To Cheque 4,500 - 3,280
July 15th, 2006 By Clearing - 2,630  5,910
October 18th, 2006 To Cheque 530 - 5,380
October 27th, 2006 To Self 2,690 - 2,690
November 3rd, 2006 By Cash - 1,500 4,190
December 6th, 2006 To Cheque 950 - 3,240
December 23rd, 2006 By Transfer - 2,920 6,160

If he receives ₹198 as interest on 1st January 2007, find the rate of interest paid by the bank.

बेरीज

उत्तर

Month                   Qualifying amount(₹)
January             =       3,580
February           =       3,580
March               =       1,580
April                  =       7,780
May                   =       7,780
June                  =        3,280
July                   =        3,280
August              =        5,910
September       =         5,910
October            =        2,690
November        =        4,190
December        =         3,240
                   Total        52,800

Interset = `(52,800 xx "R" xx (1)/(2))/(100)`

198 = `(528)/(12)"R"`

R = `(198 xx 12)/(528)`

= 4.5%.

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पाठ 3: Banking - Exercise 2

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आईसीएसई Mathematics [English] Class 10
पाठ 3 Banking
Exercise 2 | Q 9

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संबंधित प्रश्‍न

Pramod deposits Rs. 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.


The entires in a savings bank passbook are as given below:

Date Particulars Particulars
Withdrawals (In Rs)
Deposits (In Rs) Balance (In Rs)
01.01.03
01.02.03
12.02.03
05.04.03
15.04.03
09.05.03
04.06.03
B/F
By cash
To cheque
By Cash
To cheque
By cash
By Cash

5,000.00

4,250.00

 

11,500.00


3,750.00

1,500

1,500

14,000.00
25.500.00
20,500.00
24,250.00
20,000.00
21,500.00
23,000.00

Calculate the interest for six months (January to June) at 4% per annum on the minimum balance on or after the tenth day of each month


A page from the passbook of a savings book account in a particular year is given below:

Date Particulars Debit (In Rs) Credit (In Rs) Balance (In Rs)
Jan 3 By cash   5,000.00 5,000.00
Feb 13 To self 500.00    
March 24 By cheque   2,000.00  
March 31 By Interest      
May 20 By cash   800.00  
July 7 To Cheque 1,400.00    
July 18 By cash   1,600.00  
Sept 15 To Cheque 3,200.00    
Sept 26 By Cheque   2,350.00  

If the interest is calculated at 6% P.a. and is compounded at the end of march and September at every year, find the interest earned up to 31st march and then after completing all the entries, find the amount that the account holder would have received had he closed the account on 20th October the same year.


Mrs. Goswami deposits Rs. 1000 every month in a recurring deposit account for 3 years at 8% interest per annum. Find the matured value.


A page from the passbook of Mrs. Rama Bhalla is given below:
Calculate the interest due to Mrs. Bhalla for the period from January 2004 to December 2004, at the rate of 5% per annum.

Date
Year 2004
Particulars Amount
(₹) Withdrawals
Amount
(₹)Deposits
Balance (₹)
January 1 B/F - - 2,000.00
January 9 By cash - 200.00 2,200.00
February 10 To cheque 500.00 - 1,700.00
February 24 By cheque - 300.00 2,000.00
July 29 To cheque 200.00 - 1,800.00
November 7 By cash - 300.00 2,100.00
December 8 By cash - 200.00 2,300.00

Mr. Ashok has an account in the Central Bank of India. The following entries are from his passbook:

Date Particulars Withdrawals
(₹)
Deposits
(₹)
Balance
(₹)
01-01-05 B/F - - 1,200·00
07-01-05 By cash   500·00 1,700·00
17-01-05 To cheque 400·00 - 1,300·00
10-02-05 By cash - 800·00 2,100·00
25-09-05 By cheque 500·00 - 1,600·00
20-09-05 By cash - 700·00 2,300·00
21-11-05 To cheque 600·00 - 1,700·00
05-12-05 By cash - 300·00 2,000·00

If Mr. Ashok gets Rs. 83.75 as interest at the end of the year where the interest is compounded annually, calculate the rate of interest paid by the bank in his Savings Bank Account on 31st December 2005.


Given the following details, calculate the simple interest at the rate of 6% per annum up to June, 30:

Date Debit (in ₹) Credit (in ₹) Balance (in ₹)
January 1 - 24,000·00 24,000·00
January 20 5,000·00 - 19,000·00
January 29 - 10,000·00 29,000·00
March 15 - 8,000·00 37,000·00
April 3 - 7,653·00 44,653·00
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May 8 - 5,087·00 46,700·00

Haneef has a cumulative bank account and deposits Rs. 600 per month for a period of 4 years. If he gets Rs. 5880 as interest at the time of maturity, find the rate of interest.


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₹ 50 per month is deposited for 20 months in a recurring deposit account. If the rate of interest is 10%; the maturity value is ______.


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