Ritika deposits Rs200 every month in a recurring deposit scheme at 8%p.a. If she gets Rs1648 as the maturity amount,find the period for which account is held.
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4
8 month is the time period
Answered by
6
Answer:
8 months
Step-by-step explanation:
200x+ (200*8/100)x=1648
216x=1648
x=1648/216
x=8
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