Amit deposited Rs.1060 monthly in a recurring deposit account for 1 1/2 years and received Rs.20430 on maturity. The monthly interest received by Amit is:
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6
Answer:
75
Step-by-step explanation:
1 1/2
1 1/2 years =18 months
so 1060*18-=19080
so 250430-190180=1350
so he gained 1350 as interest from the bank in 18 months
You asked intrest monthl;y so 1350/18
=75
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