alleryA school RD's maturity is ₹7,650. Same term and rate, monthly saving rises from ₹300 to ₹450. New maturity?
A₹15,300
B₹7,800
C₹11,475
D₹9,180
Answer & Solution
Correct answer: C. ₹11,475
Both deposited principal and simple interest scale by 450/300, making maturity ₹11,475.
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