alleryMonthly surplus ₹800 funds a 12-month school RD at 6% yearly. How short of ₹10,000 is maturity?
A₹400
B₹312
C₹112
D₹88
Answer & Solution
Correct answer: D. ₹88
Deposits of ₹9,600 earn ₹312, leaving maturity ₹9,912 and a shortfall of ₹88.
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