Question

Saloni deposited Rs 1000 per month in a bank for
2 years under the Recurring Deposit Scheme.
What will be the maturity value of her deposits, if
the rate of interest is 8% per annum.
options -

Rs 27600
Rs 26000
Rs 28600
None of these​

Answer 1

Answer:

Rupees of rate = 8%of 1000 of 1 month

=8/100*1000

= 8*10

= 80

Rupees of interest of 1 month = 80

Rupees of interest of 2 month = 80*2

= 160

Rupees of interest of 2 year = 80*(12+12)

= 80 *24

= 1920 rupees

So,

d option is correct

None of these

PLEASE MARK IT AS BRAINLIEST

Answer 2

Answer:

Answer is none of these.

Step-by-step explanation:

Saloni deposited 1000 per month.

Deposited in two year = 1000×24 = 24000.

Rate pen annum = 8%.

SI = 24000×8×2/100 = 3840.

A = 24000+3840 = Rs 27840

So answer is none of these