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Asked: 2021-03-16T15:05:28+05:30 In:

Shahrukh opened a Recurring Deposit Account in a bank and deposited Rs 800 per month for 112 years. If he received Rs 15084 at the time of maturity, find the rate of interest per annum

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This is an important question from the Book- ML Aggarwal
Board- ICSE
Publication- Avichal
Chapter- Banking
Chapter number-2
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Shahrukh opened a Recurring Deposit Account in a bank and deposited Rs 800 per month for 112 years. If he received Rs 15084 at the time of maturity, find the rate of interest per annum
Question no.8  , ML Aggarwal, exercise 2, chapter 2, ICSE board, class10, banking.

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    1. Newbie

      Solution:
      Money deposited by Shahrukh per month (P)= Rs 800
      r = ?
      ML Aggarwal Class 10 Solutions for ICSE Maths Chapter 2 Banking Ex 2 Q8.1

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