Ashish deposit a certain sum of money every month in a recurring deposit account for a period of 12 months if the bank pays interest at the rate of 11% p a n Ashish gets rupees 12 1715 as the maturity value of this account what sum of money did he pay every month
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12 months=1 year
Amount = P×R×T/100
=121715×11×1/100
=13388.65
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