Advertisements
Advertisements
प्रश्न
Zafarullah has a recurring deposit The list price of the television be? 12,500. account in a bank for 3½ years at 9.5% S.I. p.a. If he gets Rs. 78,638 at the time of maturity. Find the monthly instalment.
उत्तर
Let the monthly instalement be of ₹ x
then,
Maturity value
= `₹(x xx 42) + ₹(x xx(42 xx 43)/(2 xx 12) xx (19)/(200))`
⇒ 78,638 = 42x + `(5,719x)/(800)`
⇒ `(39,319)/(800) x` = 78,638
⇒ x = 1600
Hence, the monthly instalment was of ₹ 1600.
APPEARS IN
संबंधित प्रश्न
Mr Choudhury opened a Saving Bank Account at State Bank of India on 1st April 2007. The entries of one year as shown in his passbook are given below.
Date | Particulars | Withdrawals (in Rs.) | Deposits (in Rs.) | Balance (in Rs.) |
Ist April 2007 | By Cash | - | 8550.00 | 8550.00 |
12th- April 2007 | To Self | 1200.00 | -- | 7350.00 |
24th April 2007 | By Cash | - | 4550.00 | 11900.00 |
8th July 2007 | By Cheque | - | 1500.00 | 13400.00 |
10th Sept. 2007 | By Cheque | - | 3500.00 | 16900.00 |
17th Sept. 2007 | By Cheque | 2500.00 | - | 14400.00 |
11th Oct. 2007 | By Cash | - | 800.00 | 15200.00 |
6th Jan. 2008 | To Self | 2000.00 | - | 13200.00 |
9th March 2008 | By Cheque | - | 950.00 | 14150.00 |
If the bank pays interest at the rate of 5% per annum, find the interest paid on 1st April 2008. Give your answer correct to the nearest rupee.
A page from the passbook of Mrs. Rama Bhalla is given below:
Date | Particulars | Withdrawals (In Rs) | Deposits (In Rs) | Balance (In Rs) |
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 |
Calculate the interest to Mrs. Bhalla for the period from January 2004 to December 2004, at the rate of 5% per annum.
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.
Given below is a page from the passbook of the savings bank account of Mr. Rajesh. Complete the entries in the passbook and calculate the interest paid to him by the bank at 6°/o pa in the end of June.
Date | Particulars | Withdrawals | Deposits | Balance |
08.02.2008 | By Cash | 12000.00 | ||
15.03.2008 | To cash | 3000.00 | ||
08.04.2008 | To Cheque | 2500.00 | ||
18.04.2008 | By Cash | 16000.00 | ||
10.06.2008 | By Cash | 800.00 |
The following are the entries in the passbook of a saving account of Ananya during the year 2007. If interest is calculated at 5 % pa, find the interest earned by Ananya during the year
Date | Particulars | Withdrawals | Deposits | Balance |
01.01.2007 | By B/F | 6500.00 | ||
05.02.2007 | By Cheque | 7500.00 | 14000.00 | |
09.02.2007 | To Cash | 1500.00 | 12500.00 | |
06.06.2007 | By Cash | 1725.00 | 14225.00 | |
08.09.2007 | By Cheque | 375.00 | 14600.00 | |
06.11.2007 | By Cash | 6000.00 | 20600.00 | |
10.12.2007 | To Cheque | 2500.00 | 18100.00 |
Aarushi has a recurring deposit account for 2 years at 6% pa. She receives Rs 1,125 as interest on maturity.
(a) Find the monthly instalment amount.
(b) Find the maturity amount.
Amit deposited Rs. 150 per month in a bank for 8 months under the Recurring Deposit Scheme. What will be the maturity value of his deposits, if the rate of interest is 8% per annum and interest is calculated at the end of every month?
Kiran deposited 200 per month for 36 months in a bank’s recurring deposit account. If the bank pays interest at the rate of 11% per annum, find the amount she gets on maturity.
Mr. Chaturvedi has a recurring deposit account in Grindlay’s Bank for `4(1)/(2)` years at 11% p.a. (simple interest). If he gets Rs 101418.75 at the time of maturity, find the monthly installment.
Suresh has a recurring deposit account in a bank. He deposits ₹ 2000 per month and the bank pays interest at the rate of 8% per annum. If he gets ₹ 1040 as interest at the time of maturity, find in years total time for which the account was held.