Start learning →

₹600 is deposited monthly for 12 months; the account closes at ₹7,590. How much was the interest?

A₹450
B₹300
C₹390
D₹590
Answer & Solution
Correct answer: C. ₹390
The deposits total ₹7,200, so interest is ₹7,590−₹7,200 = ₹390.
Practise this question with Quill — ICSE Class 10 →

Keep practising Commercial Mathematics: GST, Banking & Shares

Browse all Commercial Mathematics: GST, Banking & Shares questions for ICSE Class 10, or explore more Mathematics topics.

Start a Commercial Mathematics: GST, Banking & Shares lesson →