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
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
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