Jigyasa deposits a certain sum of money every month in a cumulative deposit account for 2 years. The amount payable to her on maturity at 6% per annum is Rs 22950. Calculate how much she deposited every month.

Rs 900

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Rs 1000

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Rs 800

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Rs 700

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Solution

The correct option is A
Rs 900

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Jigyasa deposits a certain sum of money every month in a cumulative deposit account for 2 years. The amount payable to her on maturity at 6% per annum is Rs 22950. Calculate how much she deposited every month.

The correct option is A Rs 900

The correct option is A
Rs 900