Advertisements
Advertisements
प्रश्न
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 ______.
पर्याय
₹ 60,000
₹ 67,500
₹ 52,500
₹ 7,500
उत्तर
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 ₹ 7,500.
Explanation:
P = ₹ 5000,
n = 1 year = 12 months,
M.V = ₹ 67500
Since, Maturity Value = Total Sum Deposited + Interest
67500 = (₹ 5000 × 12) + Interest
Interest = 67500 – 60000
= ₹ 7500
संबंधित प्रश्न
Mrs Kapoor opened a Savings Bank Account in State Bank of India on 9th January 2008. Her pass book entries for the year 2008 are given below:
Date | Particulars | Withdrawals (in Rs.) | Deposits (in Rs.) | Balance (in Rs.) |
Jan 9, 2008 | By Cash | - | 10000 | 10000 |
Feb 12, 2008 | By Cash | - | 15500 | 25500 |
April 6, 2008 | To Cheque | 3500 | - | 22000 |
April 30, 2008 | To Self | 2000 | - | 20000 |
July 16, 2008 | By Cheque | - | 6500 | 26500 |
August 4, 2008 | To Self | 5500 | - | 21000 |
August 20, 2008 | To Cheque | 1200 | - | 19800 |
Dec. 12, 2008 | By Cash | - | 1700 | 21500 |
Mrs Kapoor closes the account on 31st December 2008. If the bank pays interest at 4% per annum, find the interest Mrs Kapoor receives on closing the account. Give your answer correct to the nearest rupee.
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.
John had a S.B. Account in Bank of Baroda. His passbook had the following entries:
Date | Particulars | Amount Withdrawn (In Rs) |
Amount Deposits (In Rs) |
Balance (In Rs) |
Jan 1, 2000 Jan, 8 Feb 18 May 19 July 15 Oct 7 |
By Balance By cash To Cheque By Cash To self By cash |
- - 10,500 - 2,400 - |
- 6,000 - 6,300 - 3,600 |
9,600 15,600 5,100 11,400 9,000 12,600 |
On October 30, 2000 John received his transfer order and closed the account. If the amount of interest he received on closing the account on 30th, Oct 2000 is Rs. 310; calculate the rate of interest per annum.
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.
Akash, an employee of a bank, has a saving bank account in his bank that pays him
interest at the rate of 5% p.a., which is compounded every June and December. His passbook entries are as follow:
Date | Particulars | Withdrawals(₹) | Deposits(₹) | Balance(₹) |
Feb. 3, 1981 | By cash | - | 500·00 | 500·00 |
Feb, 11 | To cheque no. 371 | 200·00 | - | 300·00 |
Feb. 11 | By cheque | - | 700·00 | 1,000·00 |
March 1 | By salary | - | 2,350·00 | 3,350·00 |
March 4 | To withdrawals slip | 1,500·00 | - | 1,850·00 |
March 31 | To Urnil | 150·00 | - | 1,700·00 |
April 1 | By salary | - | 2.350·00 | 4,050·00 |
April 2 | To Sri Ram | 1,800·00 | - | 2,250·00 |
May 1 | By salary | - | 2,350·00 | 4,600·00 |
May 3 | To accountant | 2,000·00 | - | 2,600·00 |
Calculate the interest due at the end of June and find the balance on July 1, if he deposits a cash of? 100 on July 1, which is also entered immediately.
Mr. S.K. Mishra had a Savings Bank Account in Punjab National Bank. His Passbook had the following entries:
Date | Particulars | Withdrawals (in ₹) |
Deposits (in ₹) |
Balance (in ₹) |
1998, Jan. 8 | By Cash | - | 500·00 | 500·00 |
March 19 | To Cheque No. 626 | 100·00 | - | 400·00 |
May 23 | By Cheque | - | 1500·00 | 1,900·00 |
July 29 | To Withdrawals Slip | 200·00 | - | 1,700·00 |
Sept 2 | By Cash | - | 1,300·00 | 3,000·00 |
If the interest is paid at the rate of 5% per annum at the end of September every year, calculate the amount he will get if he closes the account on October 30, of the same year.
If Sharukh opened a recurring deposit account in a bank and deposited Rs 800 per month for years, then the total money deposited in the account is
Naveen deposits ₹ 800 every month in a recurring deposit account for 6 months. If he receives ₹ 4884 at the time of maturity, then the interest he earns is ______.
Radha deposited ₹ 400 per month in a recurring deposit account for 18 months. The qualifying sum of money for the calculation of interest is ______.
Manish opened an R.D. account in a bank and deposited ₹ 1,000 per month at the interest of 10% per annum and for 2 years. The total money deposited by him is ______.