Advertisements
Advertisements
प्रश्न
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 |
| May 6 | 3,040·00 | - | 41,613·00 |
| May 8 | - | 5,087·00 | 46,700·00 |
उत्तर
Minimum balance in January = ₹ 19,000·00
Minimum balance in February = ₹ 29,000.00
Minimum balance in March = ₹ 29,000.00
Minimum balance in April = ₹ 44,650.00
Minimum balance in May = ₹ 46,700.00
Minimum balance in June = ₹ 46,700.00
Total = ₹ 2,15,050.00
∴ Interest = ₹`(2,15,050 xx 6)/(100) xx (1)/(12)`
= ₹ 1,075·25
APPEARS IN
संबंधित प्रश्न
Mr. Richard has a recurring deposit account in a bank for 3 years at 7.5% p.a. simple interest. If he gets Rs. 8325 interest at the time of maturity, find
- the monthly deposit
- the maturity value.
Katrina opened a recurring deposit account with a Nationalised Bank for a period of 2 years. If the bank pays interest at the rate 6% per annum and the monthly instalment is Rs. 1,000, find the:
- Interest earned in 2 years.
- Matured value.
The maturity value of an R.D. Account is Rs. 16,176. If the monthly instalment is Rs. 400 and the rate of interest is 8%; find the time (period) of this R.D Account.
A man holds a savings bank account in the union bank of India. A page of his passbook shows the following entries:
| Date | Particulars | Withdrawals (Rs) | Deposits (Rs) | Balance (Rs) |
| May 1 | B/F | 3,200.00 | ||
| May 6 | By Cheque | 500.00 | 3,700.00 | |
| May 17 | By Cheque | 800.00 | 4,500.00 | |
| June 4 | By Cash | 1,300.00 | 5,800.00 | |
| June 9 | To Cheque | 1,650.00 | 4,150.00 |
Calculate the rate of interest per annum if the total interest earned for the months of May and June is Rs. 39.25`
Mrs. Chhabra deposits Rs 500 per month in a recurring deposit account for 4 years at a simple interest rate of 6% pa.
(a) Find the maturity value of deposit.
(b) Find the total interest she will earn after 2 years
Mr. Patel deposit Rs 2,250 per month in a recurring deposit account for a period of 3 years. At the time of maturity, he gets Rs 90,990.
(a) Find the rate of simple interest per annum.
(b) Find the total interest earned by Mr. Patel.
Mohan saves Rs. 25 per month from his pocket allowance and puts this saving every month in a bank recurring deposit scheme for a period of 72 months at 5.25%. What amount does he get on maturity?
Salom deposited Rs 150 per month in a bank for 8 months under the Recurring Deposit Scheme. ‘What will be the maturity value of his deposit if the rate of interest is 8% per annum?
Rajiv Bhardwaj has a recurring deposit account in a bank of Rs 600 per month. If the bank pays simple interest of 7% p.a. and he gets Rs 15450 as maturity amount, find the total time for which the account was held.
In a recurring deposit account, Mohit deposited ₹ 5,000 per month for one year and at maturity gets ₹ 67,500; the total interest earned is ______.
