BANKING
Authored by Swagata Biswas
Mathematics
10th Grade
CCSS covered
Used 27+ times
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10 questions
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1.
OPEN ENDED QUESTION
5 mins • Ungraded
Shikha deposits Rs. 350 per month in a recurring deposit account for one year at the rate of 8% per annum. Find the maturity value of the account.
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2.
OPEN ENDED QUESTION
5 mins • Ungraded
Abhishek deposits Rs. 500 per month in a recurring deposit account for 12 months. Find the amount he will receive at the time of maturity, if the rate of interest is 10% per annum.
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Tags
CCSS.HSF.BF.A.2
3.
OPEN ENDED QUESTION
5 mins • Ungraded
Ramesh has a recurring deposit account in a back for years of 9.5% per annum. If he gets Rs. 58978.50 at the time of maturity. Find the monthly instalment.
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Tags
CCSS.8.EE.C.7B
4.
OPEN ENDED QUESTION
5 mins • Ungraded
Mr. Singh has a recurring deposit account for 2 years at 10% per annum. If he receives Rs. 1900 as interest, find the value of monthly instalment paid by him.
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5.
OPEN ENDED QUESTION
5 mins • Ungraded
Madhu deposits Rs. 240 per month for 2 years in a recurring deposit account in a bank. If at the time of maturity she gets Rs. 6300, find the rate of interest.
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6.
OPEN ENDED QUESTION
5 mins • Ungraded
Mr. Gupta opened a recurring deposit in a bank. He deposited Rs. 2500 per month for two years. At the time of maturity he got Rs. 67,500 Find.
(i) the total interest earned by Mr. Gupta
(ii) the rate if interest per annum.
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Tags
CCSS.HSF.BF.A.2
7.
OPEN ENDED QUESTION
5 mins • Ungraded
Shikha has a cumulative time deposit account in a Corporation Bank. She deposits Rs. 300 per month and gets Rs. 7950 t the time of maturity. If the rate of interest be 10% per annum, find the total time for which the account was held.
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