BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If Ram gots Rs. 6455 at the end of one year at the rate fo 14% p.a. in a Recurring Deposite Account then, his monthly instalment will be
A
300
B
500
C
100
D
250
Explanation: 

Detailed explanation-1: -Hence, the installment per month = ₹ 500.

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