Mr. Sayuj deposits Rs 300 per month in a recurring deposit account for 2 years at a simple interest rate of 7% per annum.

Find the total interest he will earn after 2 years.

Rs 7725

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Rs 7005

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Rs 7225

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Rs 7780

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Solution

The correct option is A
Rs 7725

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Mr. Sayuj deposits Rs 300 per month in a recurring deposit account for 2 years at a simple interest rate of 7% per annum. Find the total interest he will earn after 2 years.

The correct option is A Rs 7725

Mr. Sayuj deposits Rs 300 per month in a recurring deposit account for 2 years at a simple interest rate of 7% per annum.

Find the total interest he will earn after 2 years.

The correct option is A
Rs 7725