Mr Gupta opened a recurring deposit account in a bank.He deposited rs 2500 per month for 2 years.At the time of maturity he got rs 67500.Find :
a) total interest earned by Mr Gupta
b) rate of interest per annum

Question

Mr Gupta opened a recurring deposit account in a bank He deposited
rs 2500 per month for 2 years At the time of maturity he got rs
67500 Find :
a) total interest earned by Mr Gupta
b) rate of interest per annum

Bhavana Majji · Accepted Answer

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Mr Gupta opened a recurring deposit account in a bank.He deposited rs 2500 per month for 2 years.At the time of maturity he got rs 67500.Find : a) total interest earned by Mr Gupta b) rate of interest per annum

Mr Gupta opened a recurring deposit account in a bank.He deposited rs 2500 per month for 2 years.At the time of maturity he got rs 67500.Find :
a) total interest earned by Mr Gupta
b) rate of interest per annum