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Mayank deposited Rs. 50,000 in a bank for 5 years. At the end of first year, an amount of Rs 3000 is added as interest in Mayank’s account. At the end of fifth year, he had a sum of Rs 66,911.27 in his account. What is the rate of interest given by the bank on the sum of money in Mayank’s account? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Mayank deposited Rs. 50,000 in a bank for 5 years. At the end of first year, an amount of Rs 3000 is added as interest in Mayank’s account. At the end of fifth year, he had a sum of Rs 66,911.27 in his account. What is the rate of interest given by the bank on the sum of money in Mayank’s account? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mayank deposited Rs. 50,000 in a bank for 5 years. At the end of first year, an amount of Rs 3000 is added as interest in Mayank’s account. At the end of fifth year, he had a sum of Rs 66,911.27 in his account. What is the rate of interest given by the bank on the sum of money in Mayank’s account?.

Solutions for Mayank deposited Rs. 50,000 in a bank for 5 years. At the end of first year, an amount of Rs 3000 is added as interest in Mayank’s account. At the end of fifth year, he had a sum of Rs 66,911.27 in his account. What is the rate of interest given by the bank on the sum of money in Mayank’s account? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

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