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महाराष्ट्र राज्य शिक्षण मंडळएस.एस.सी (इंग्रजी माध्यम) इयत्ता ७ वी

If the interest on 1700 rupees is 340 rupees for 2 years the rate of interest must be ______.

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प्रश्न

If the interest on 1700 rupees is 340 rupees for 2 years the rate of interest must be ______.

पर्याय

  • 12%

  • 15%

  • 4%

  • 10%

MCQ
रिकाम्या जागा भरा
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उत्तर

If the interest on 1700 rupees is 340 rupees for 2 years the rate of interest must be 10%.

Explanation:

Given:

Principal (P) = 1700 rupees,

Total interest (I) = 340 rupees

Time (T) = 2 years

Formula:

Rate of interest (R) = `("I"xx100)/("P"xx"T")`

Solution:

Rate of interest (R) = `(340xx100)/(1700xx2)`

= `34000/3400`

= 10%

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

APPEARS IN

बालभारती Mathematics [English] Standard 7 Maharashtra State Board
पाठ 10 Banks and Simple Interest
Practice Set 41 | Q 1 | पृष्ठ ७४
बालभारती Mathematics Integrated [English] Standard 7 Maharashtra State Board
पाठ 10 Banks and Simple Interest
Practice Set 41 | Q 1. | पृष्ठ ५२

संबंधित प्रश्‍न

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.


Mr. Gupta opened a recurring deposit account in a bank. He deposited Rs. 2500 per month for two years. At the time of maturity he got Rs. 67,500. Find:

1) the total interest earned by Mr Gupta.

2) the rate of interest per annum.


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.


Each of A and B both opened a recurring deposit accounts in a bank. If A deposited Rs. 1,200 per month for 3 years and B deposited Rs. 1,500 per month for 2 ½ years; find, on maturity, who will get more amount and by how much? The rate of interest paid by the bank is 10% per annum.


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Mrs. Geeta deposited Rs. 350 per month in a bank for 1 year and 3 months under the Recurring Deposit Scheme. If the maturity value of her deposits is Rs. 5,565; find the rate of interest per annum.


Shrikant deposited 85,000 rupees for `2 1/2` years at 7 p.c.p.a. in a savings bank account. What is the total interest he received at the end of the period?


If Pankaj deposits 1,50,000 rupees in a bank at 10 p.c.p.a. for two years, what is the total amount he will get from the bank?


If the interest on 3000 rupees is 600 rupees at a certain rate for a certain number of years, what would the interest be on 1500 rupees under the same conditions?


Fill in the blanks in the table.

Principal Rate of interest (p.c.p.a.) Time Interest Amount
8000 5% ...... 800 ......

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