Question

- Each of A and B opened a recurring deposit
account in a bank. If A deposited RS 1,200 per
month for 3 years and B deposited RS 1,500 per
month for 2 and a half years; find, on maturity, who
will get more amount and by how much ? The
rate of interest paid by the bank is 10% per
annum.
​

Answer 1

please see the attachment