# ICSE Class-10 Banking RS Aggarwal Goyal Chapter-2

## Goyal Brother Prakashan RS Aggarwal ICSE Chapter-2 Banking

**ICSE Class-10 Banking RS** Aggarwal Goyal Brother Prakashan Chapter-2 . **RS** Aggarwal Solution of **Banking** Chapter 2 for **ICSE** Maths **Class-10** is also called Goyal Brother Prakashan **. **This post is Solution of Chapter – 2** Banking** of **RS Aggarwal** which is common famous **Maths** writer in **ICSE** Board in Maths Publication .

## ICSE Class-10 Banking RS Aggarwal Goyal Brother Prakashan Chapter-2

Step by Step Solution of Chapter-2** Banking** is given to understand the topic clearly . Chapter Wise Solution of concise including Chapter -2 **Banking** is very help full for ICSE Class 10th student appearing in 2020 exam of council.

**Chapter-2 Banking**of

**RS**Aggarwal Goyal Brother Prakashan Solution. Read the Chapter Carefully . Then solve all example of your text book. The Chapter 2

**Banking**is main Chapter in ICSE board .

### EXERCISE – 2 ICSE Class-10 Banking RS Aggarwal Goyal Brother Prakashan Chapter-2

#### Question 1

Mr goswami deposit 1000 every month for 3 year at 8/ interest per anum . Find Matured value.

#### Answer 1

#### Question 2

Inderjeet opened a cumulative time

deposit account with Punjab National

Bank. He deposited 360 per month for

2 years. If the rate of interest be 7% per

annum, how much did he get at the time

of maturity?

#### Answer 2

#### Question 3

Neema had a recurring deposit account

in a bank and deposited 600 per

month for 2½ years. If the rate of

interest was 10%p.a., find the maturity

value of this account.

(i) the monthly deposit

(ii) the maturity value.

#### Answer 3

#### Question 4

Mr. Richard has a recurring depeu

account in a bank for 3 years at 7.9

p.a. simple interest. If he gets D

interest at the time of maturity, find

(i) monthly deposit

(ii) Matured value.

#### Answer 4

#### Question 5

Katrina opened a recurring deposit

account with a Nationalised Bank for a

period of 2 years. If the bank pays

interest at 6% per annum and the

monthly instalment is 1000, find :

() interest carned in 2 years

(ii) matured value.

#### Answer 5

#### Question 6

Ahmed has a recurring deposit account

in a bank. He deposits 2500 per month

for 2 years. If he gets 66250 at the

time of maturity, find:

(1) the interest paid by the bank

(ii) rate of interst

#### Answer 6

#### Question 7

Mr. Gupta opened a recurring deposit

account in a bank. He deposited 2500

per month for 2 years. At the time of maturity got 67500 fond

(iI total interst earn by gupta

(ii) Rate per anum

Answer 7

#### Question 8

Mr. Thomas has a 4 years cumulative

time deposit account in Corporation

Bank and deposits 650 per month. If

he receives 36296 at the time of

maturity, find:

(i) the total interest earned by Mr. Thomas.

(i1) the rate of interest per annum.

#### Answer 8

#### Question 9

Tanvy has a recurring deposit account

in a finance company for I.5 year

9% per annum. If she gets 15426 at

the time of maturity, how much per

month has been invested by her?

#### Answer 9

#### Question 10

Punam opened a recurring deposit

account with Bank of Baroda for 1.5

years. If the rate of interest is 6% per

annum and the bank pays 11313 on

maturity, find how much Punam

deposited each month?

#### Answer 10

#### Question 11

Kavita has a cumulative time dep..

account in a bank. She deposits Rs 600

per month and gets 6165 at the time

maturity. If the rate of interest be 6

per annum, find the total time for whic

the account was held.

#### Answer 11

#### Question 12

Kavita has a cumulative time deposit account in a bank She deposits 800 ever month and get 16700 , Amount after maturity maturity. If the rate of interst 5/ per annum, find the total time for which account was held.

#### Answer 12

#### Question 13

David…………….anum

#### Answer 13

#### Question 14

Preeti ……………….held.

#### Answer 14

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