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Mrs. Asha Mehta deposit Rs 250 per month for one year in a bank’s recurring
Mathematics
Banking
Question
Updated
19 Aug 2026
Mrs. Asha Mehta deposit Rs 250 per month for one year in a bank’s recurring deposit account. If the rate of (simple) interest is 8% per annum, then the interest earned by her on this account is
A
Choose Your Answer
A
Rs65
B
Rs120
C
Rs130
D
Rs260
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