Banking OP Malhotra S.Chand Class-10 ICSE Maths Solutions Ch-2

Banking OP Malhotra S.Chand Class-10 ICSE Maths Solutions Ch-2.  We Provide Step by Step Answer of Exe-2 Banking with Self Evaluation and Revision of S Chand OP Malhotra Maths . Visit official Website CISCE  for detail information about ICSE Board Class-10.

Banking OP Malhotra S.Chand Class-10 ICSE Maths Solutions Ch-2


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Exe-2,

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Exe-2

Banking OP Malhotra S.Chand Class-10 ICSE Maths Solutions Ch-2

Question-1

Mr. Rajiv Anand has opened a recurring deposit account of Rs. 400 per month for 20 month in a bank. Find the amount he will get at the tie of maturity, if the rate of interest is 8.5% p. a., if the interest is calculated at the end of each month.

Question-2

Mr. Savita Khosla deposits Rs 900 per month in a recurring account for 2 years. If she gets Rs. 1800 as interest at the time of maturity, find the rate of interest if the interest is calculated at the end of each month.

Question-3

Mr. Brown deposite Rs. 1100 per month in a cumulative time deposit account in a bank for 16 months. If at the end of maturity he gets Rs. 19096, find the rate of interest if interest is calculated at the end of each month.

Question-4

Sandhya has a recurring deposit account in Vijya Bank and deposits Rs 400 per month for 3 years. If she gets Rs 16176 on maturity, find the rate of interest given by the bank.

Question-5

A man deposits Rs 600 per month in a bank for 12 months under the Recurring Deposit Scheme. What will be the maturity value of his deposits if the rate of interest is 8 % p.a. and interest is calculated at the end of every month?

Question-6

Anil deposits Rs 300 per month in a recurring deposit account for 2 years. If the rate of interest is 10% per year, calculate the amount that Anil will receive at the end of 2 years, i.e at the time of maturity.

Question-7

Sudhir opened a recurring deposit account with a bank for 1 ½ years. If the rate of interest is 10% and the bank pays Rs 1554 on maturity, find how much did Sudhir deposit per month?

Question-8

Renu has a cumulative deposit account of Rs. 200 per month at 10% per annum. If she gets Rs 6775 at the time of maturity, find the total time for which the account was held.

 


Exe-2

Banking OP Malhotra S.Chand Class-10 ICSE Maths Solutions Ch-2

 


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(Banking OP Malhotra S.Chand Class-10 ICSE Maths Solutions Ch-2)

 

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