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Fill in the blanks in the table. Principal Rate of interest (p.c.p.a.) Time Interest Amount ...... 6% 4 years 1200 ......

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प्रश्न

Fill in the blanks in the table.

Principal Rate of interest (p.c.p.a.) Time Interest Amount
...... 6% 4 years 1200 ......
रिक्त स्थान भरें
योग
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उत्तर

Principal Rate of interest (p.c.p.a.) Time Interest Amount
5000 6% 4 years 1200 6200

Explanation:

Given:

Total interest (I) = 1200 rupess

Rate of interest (R) = 6%

Time (T) = 4 years

Formula:

Principal (P) = `("I"xx100)/("R"xx"T")`

Solution:

= `(1200xx100)/(6xx4)`

= 5000 rupees

Total Amount = P + I

= 5000 + 1200

= 6200 rupees

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अध्याय 10: Banks and Simple Interest - Practice Set 41 [पृष्ठ ७४]

APPEARS IN

बालभारती Mathematics [English] Standard 7 Maharashtra State Board
अध्याय 10 Banks and Simple Interest
Practice Set 41 | Q 5.2 | पृष्ठ ७४
बालभारती Mathematics Integrated [English] Standard 7 Maharashtra State Board
अध्याय 10 Banks and Simple Interest
Practice Set 41 | Q 5. (ii) | पृष्ठ ५२

संबंधित प्रश्न

Shahrukh opened a ‘Recurring Deposit’ account in a bank and deposited Rs. 800 per month for 1½ years. If he received Rs. 15,084 at the time of maturity, find the rate of interest per annum.


A page from the Savings Bank Account of Mr Prateek is given below:

Date Particulars Withdrawal
(In Rs.)
Deposit
(In Rs.)
Balances
(In Rs.)
January 1st, 2006 B/F - - 1270
January 7th, 2006 By Cheque - 2310 3580
March 9th, 2006 To Self 2000 - 1580
June 26th, 2006 By Cash - 6200 7780
June 10th 2006 To Cheque 4500 - 3280
July 15th, 2006 By Clearing - 2630 5910
October 18th, 2006 To Cheque 530 - 5380
October 27th, 2006 To Self 2690 - 2690
November 3rd, 2006 By Cash - 1500 4190
December 6th, 2006 To Cheque 950 - 3240
December 23rd, 2006 By Transfer - 2920 6260

If he receives Rs. 198 as interest on 1st January 2007, find the rate of interest paid by the bank.


Mrs. Mathew opened a Recurring Deposit Account in a certain bank and deposited ₹ 640 per month for 4 ½ years. Find the maturity value of this account, if the bank pays interest at the rate of 12% per year.


Ashish deposits a certain sum of money every month is a Recurring Deposit Account for a period of 12 months. If the bank pays interest at the rate of 11% p.a. and Ashish gets ₹ 12,715 as the maturity value of this account, what sum of money did money did he pay every month?


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Make the entries in his passbook


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Fill in the blanks in the table.

Principal Rate of interest (p.c.p.a.) Time Interest Amount
4200 7% 3 years ...... ......

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