Yash Shah deposits Rs 500 per month in his R.D. Account for 4 years. If at the time of maturity he gets Rs 28410 find rate of interest.
9% = r
10% = r
13% = r
7% = r
Arush has a recurring time deposit account in a Bank. He deposits Rs 500 per month for a period of 4 years. If at the time of maturity he gets Rs 28410. Find the rate of interest.
(i) Puneet has a Recurring Deposit Account in the Bank of Baroda and deposits Rs 140 per month for 4 years. If he gets Rs 8,092 on maturity, find the rate of interest given by the bank.
(ii) David opened a Recurring Deposit Account in a bank and deposited Rs 300 per month for two years. If he received Rs 7,725 at the time of maturity, find the rate of interest per annum.
Ahmed has a recurring deposit account in a bank. He deposits Rs. 2,500 per month for 2 years. If he gets Rs. 66,250 at the time of maturity, find the interest paid by the bank & rate of interest.