Problem 8
Sneha opened a cumulative time deposit account with a bank and deposits Rs 500 per month for \(1 \frac{1}{4}\) years. If she receives \(\mathrm{Rs} 300\) as interest, find the rate of interest per annum. (1) \(6 \%\) (2) \(8 \%\) (3) \(7.5 \%\) (4) \(10 \%\)
Problem 10
Subhash makes a fixed deposit of Rs 25000 in a bank for 146 days. If the rate of interest is \(7.5 \%\) p.a., then what amount does he get on the maturity of the fixed deposit? (1) Rs 27500 (2) Rs 25750 (3) Rs 26500 (4) Rs 28450
Problem 25
Amar made a fixed deposit of Rs 20000 in a bank for two years at \(8 \%\) p.a. under compound interest. Find the maturity value (in \(\mathrm{Rs}\) ). (1) 22896 (2) 23328 (3) 24124 (4) 24312
Problem 33
Dinesh opened a recurring deposit account with State Bank of India. He deposited Rs 900 per month at \(7.5 \% \mathrm{p} .\) a. He received \(\mathrm{R}\) s \(1687.5\) as interest. Find the time period of his deposit (in years). (1) 3 (2) \(3.5\) (3) \(2.5\) (4) 2