Rangaji deposited Rs- 6050 in his saving account- His amount increases by 1-5 times of itself after two years- What is the maturity amount in Rs-after two years-

The correct option is C 7260 Increment in his saving = 1/5 of 6050 = Rs.1210 The maturity amount (in Rs.) of investment of Rs. 6050 after 2 years = 6050 + 1210 ...

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Standard X

Mathematics

Recurring Deposit Account

Rangaji depos...

Question

Rangaji deposited Rs. 6050 in his saving account. His amount increases by $\frac{1}{5}$ times of itself after two years. What is the maturity amount (in Rs.)after two years?

6655

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7260

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8000

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7250

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Solution

The correct option is B
7260

Increment in his saving = $\frac{1}{5}$ of 6050 = Rs.1210

The maturity amount (in Rs.) of investment of Rs. 6050 after 2 years $= 6050 + 1210 = R s .7260$

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Rangaji deposited Rs. 6050 in his saving account. His amount increases by 15 times of itself after two years. What is the maturity amount (in Rs.)after two years?

The correct option is B 7260 Increment in his saving = 15 of 6050 = Rs.1210 The maturity amount (in Rs.) of investment of Rs. 6050 after 2 years =6050+1210=Rs.7260

Rangaji deposited Rs. 6050 in his saving account. His amount increases by $\frac{1}{5}$ times of itself after two years. What is the maturity amount (in Rs.)after two years?

The correct option is B
7260

Increment in his saving = $\frac{1}{5}$ of 6050 = Rs.1210

The maturity amount (in Rs.) of investment of Rs. 6050 after 2 years $= 6050 + 1210 = R s .7260$