मराठी

Veena Deposits Rs. 100 per Month in a Bank Cumulative Time Deposit Scheme for a Period of 5 Years. What Amount Does She Get on Maturity If the Rate of Interest is 16%? - Mathematics

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प्रश्न

Veena deposits Rs. 100 per month in a bank cumulative time deposit scheme for a period of 5 years. What amount does she get on maturity if the rate of interest is 16%?

बेरीज

उत्तर

See the table of RD. scheme. For a monthly installment of Rs. 100 per month the maturity values after 5 years is Rs. 8,447.80.

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पाठ 3: Banking - Exercise 1

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आईसीएसई Mathematics [English] Class 10
पाठ 3 Banking
Exercise 1 | Q 5

व्हिडिओ ट्यूटोरियलVIEW ALL [1]

संबंधित प्रश्‍न

A page from a savings bank account passbook is given below:

Date Particulars Amount
withdrawn (Rs.)
Amount
Deposited (Rs.)
Balance
(Rs.)
Jan 7, 2016 B/F     3,000.00
Jan 10, 2016 By Cheque   2600.00 5600.00
Feb 8, 2016 To Self 1500.00   4100.00
Apr 6, 2016 By Cheque 2100.00   2000.00
May 4, 2016 By Cash   6500.00 8500.00
May 27, 2016 By Cheque   1500.00 10000.00

1) Calculate the interest for the 6 months from January to June 2016, at 6% per annum.

2) If the account is closed on 1st July 2016, find the amount received by the account holder.


Ritu has a Recurring Deposit Account in a bank and deposits Rs. 80 per month for 18 months. Find the rate of interest paid by the bank if the maturity value of the account is Rs. 1,554.


Mrs. N. Batra has a savings bank account with the Punjab National bank. She had the following transactions (from 1st January, 2007 to 31st December, 2007) with the bank:
(i) 01-01-2007; B/F Rs. 8,764/-
(ii) 13-03-2007; deposited Rs. 6,482
(iii) 22-06-2007; withdrew Rs. 4,369
(iv) 09-08-2007; withdrew Rs. 1,333
(v) 24-11-2007; Deposited Rs. 2,158
Calculate the interest the accrured upto 31st December, 2007: if the rate of interest is 5% compounded yearly and the principle for every month is taken as the nearest multiple of Rs.10.
Taking the rate of interest as 6% per annum, find the amount that Mr. verma gets on closing the account.


Ms. Saha opened a cumulative deposit account of monthly instalment of Rs 1,200 at 9%p.a simple interest. She earned a total interest of Rs 5,328. How much installments did she pay?


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


Mrs. Kapoor opened a Savings Bank Account in State Bank of India on 9th January 2008. Her passbook entries for the year 2008 are given below:

Date Particulars Withdrawals
(in ₹)
Deposits
(in ₹)
Balance
(in ₹)
Jan. 9, 2008 By cash - 10,000 10,000
Feb. 12, 2008 By cash - 15,500 25,500
April 6, 2008 To Cheque 3,500 - 22,000
April 30, 2008 To Self 2,000 - 20,000
July 16, 2008 By Cheque - 6,500 26,500
August 4, 2008 To Self 5,500 - 21,000
August 20, 2008 To Cheque 1,200 - 19,800
Dec. 12, 2008 By Cash - 1,700 21,500

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.


Salman deposits ₹ 1000 every month in a recurring deposit account for 2 years. If he receives ₹ 26000 on maturity, find:

  1. the total interest Salman earns.
  2. the rate of interest.

A man gets ₹ 1,404 as interest at the end of one year. If the rate of interest is 12% per annum in R.D. account, the monthly instalment is ______.


₹ 800 per month is deposited in an R.D. account for one and half years. If the depositor gets ₹ 2,280 as interest at the time of maturity, the rate of interest is ______.


₹ 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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