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deepaksoni
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Asked: 2021-03-16T14:48:29+05:30 In:

Shweta deposits Rs. 350 per month in a recurring deposit account for one year at the rate of 8% p.a. Find the amount she will receive at the time of maturity.

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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 previous year question paper.

Shweta deposits Rs. 350 per month in a recurring deposit account for one year at the rate of 8% p.a. Find the amount she will receive at the time of maturity.

 

Question no. 1, ML Aggarwal, exercise 2, chapter 2, ICSE board, class10, banking.

 

bankingchapter 2 ml. aggarwalicse 10
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    1 Answer

    1. 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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