ICSE Class X Math 2017 Solved Paper

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Question : 31 of 31
 
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Mr. Richard has a recurring deposit account in a bank for 3 years at 7.5% p. a. simple interest. If he gets ₹ 8325 as interest at the time of maturity, find:
(i) The monthly deposit
(ii) The maturity value.
Solution:
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