Mr. Sony had a R.D.account and deposits Rs.750 Per month for 2 years. If he gets Rs.19125 at the time of maturity. Find the rate of interest.

Asked by Bhoomibharti75 | 5th Mar, 2020, 04:53: PM

Expert Answer:

 
 
Here, P = Rs. 750, n = 2 years = 24months, M.V = Rs. 19125, To find: r = ?
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Answered by Yasmeen Khan | 6th Mar, 2020, 10:47: AM