## 10 Maths ICSE Banking MCQS With Answers

ICSE Banking MCQS

### TS 10th class maths concept (E/M)

### ICSE Banking MCQS

##### 1. Mr Gupta gets ₹ 6,455 at the end of the one year at the rate of 14% per annum in a recurring deposit account find the monthly instalment

A) ₹ 200

B) ₹ 600

C) ₹ 500

D) ₹ 300

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### 2. Rahul deposited ₹ 500 every month in a recurring deposit account for 2 years. If the bank pays interest at the rate of 7% per annum, then the amount he gets on maturity is

A) ₹ 7865

B) ₹ 12875

C) ₹875

D) ₹13865

### 3. Meena opens a recurring deposit account in a bank and deposits ₹ 600 for 20 months, find the maturity value of this account if the bank pays interest at the rate of 10% per annum

A) ₹ 78650

B) ₹ 2350

C) ₹12350

D) ₹13050