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Chetan deposited Rs. 1200 per month in a recurring deposit account for one year at `6%` per annum Find the interest received by him. (in Rs.)

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Chetan deposited Rs. 1200 per month in a recurring deposit account for one year at `6%` per annum Find the interest received by him. (in Rs.)
A. 384
B. 426
C. 468
D. 492
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Correct Answer - C
Time period = 1 year = 12 months
Interest received by him (in Rs.)
`1200((12)(13))/(2)((1)/(12))((6)/(100))`
`=(12)((13)/(2)xx6)=156xx3=468.`
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