Home/ Questions/Q 1985
In Process
Adv
deepaksoni
  • 0
Guru
Asked: 2021-03-16T14:51:05+05:30 In:

Saloni deposited Rs 150 per month in a bank for 8 months under the Recurring Deposit Scheme. ‘What will be the maturity value of his deposit if the rate of interest is 8% per annum ?

  • 0

This is an important question from the Book- ML Aggarwal
Board- ICSE
Publication- Avichal
Chapter- Bankin8
Chapter number-2
This question has been asked in 2007 paper so it is very important question from this chapter.

Saloni deposited Rs 150 per month in a bank for 8 months under the Recurring Deposit Scheme. ‘What will be the maturity value of his deposit if the rate of interest is 8% per annum ?
question no 2, ML Aggarwal, exercise 2, chapter 2, ICSE board, class10, banking.

bankingicse 10ml aggarwal
Share

    1 Answer

    1. Solution:
      Deposit per month = Rs. 150
      Rate of interest = 8% per
      Period (x) = 8 month
      ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 2 Banking Ex 2 Q2.1

      • 0
    Leave an answer

    Leave an answer

    Browse

    Choose from here the video type.

    Put Video ID here: https://www.youtube.com/watch?v=sdUUx5FdySs Ex: "sdUUx5FdySs".

    Captcha Click on image to update the captcha.

    Related Questions

    Adv