Rajiv Bhardwaj has a recurring deposit account in a bank of Rs 600 per month. If bank pays simple interest of 7% p.a. and he gets Rs 15450 as maturity amount , find the total time for which the account was held.
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x= 600
MA = 15450
R = 7%
n = n
step 1
P = x*n* (n+1) /2
So we will get an answer
step 2
S I = P*R*T/100
SO WHEN SUBSTITUTE VALUE OF AND T WE WILL GET AN ANSWEE
STEP 3
MA = n x + Si
WHEN SUBSTITUTED WE WILL GET N, THAT IS THE TIME
MA = 15450
R = 7%
n = n
step 1
P = x*n* (n+1) /2
So we will get an answer
step 2
S I = P*R*T/100
SO WHEN SUBSTITUTE VALUE OF AND T WE WILL GET AN ANSWEE
STEP 3
MA = n x + Si
WHEN SUBSTITUTED WE WILL GET N, THAT IS THE TIME
Abhirami10:
v good answer
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