alleryMeera saves ₹500 each month for a year at 6% p.a. What sum is due at maturity?
A₹6,390
B₹6,195
C₹6,156
D₹6,000
Answer & Solution
Correct answer: B. ₹6,195
The total deposits are ₹6,000 and interest is ₹195, so maturity value is ₹6,195.
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