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  1. Solution: Deposit per month = Rs 350, Rate of interest = 8% p.a. Period (x) = 1 year = 12 months

    Solution:
    Deposit per month = Rs 350,
    Rate of interest = 8% p.a.
    Period (x) = 1 year
    = 12 months
    ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 2 Banking Ex 2 Q1.1

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  2. Solution: Deposit per month (P) = Rs. 1000 Period = 3 years = 36 months Rate = 8%

    Solution:
    Deposit per month (P) = Rs. 1000
    Period = 3 years = 36 months
    Rate = 8%
    ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 2 Banking Ex 2 Q3.1

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  3. Solution: Amount deposited month (P) = Rs. 200 Period (n) = 36 months, Rate (R) = 11% p.a. Now amount deposited in 36 months = Rs. 200 x 36 = Rs 7200

    Solution:
    Amount deposited month (P) = Rs. 200
    Period (n) = 36 months,
    Rate (R) = 11% p.a.
    Now amount deposited in 36 months = Rs. 200 x 36 = Rs 7200
    ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 2 Banking Ex 2 Q4.1

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  4. Solution: Deposit during one month (P) = Rs. 300 Period = 2 years = 24 months. Maturity value = Rs. 7725

    Solution:
    Deposit during one month (P) = Rs. 300
    Period = 2 years = 24 months.
    Maturity value = Rs. 7725
    ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 2 Banking Ex 2 Q6.1

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