EduSahara™ Assignment
Name : Banking
Chapter : Banking
Grade : ICSE Grade X
License : Non Commercial Use
Question 1
1.
    • The following are the details of the savings bank account of a person.
    • Calculate the interest up to the end of
    • February
    • 2026
    • , at
    • 2
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      16th Jul 2025
      By Balance
      -----
      -----
      ₹1000.00
      26th Jul 2025
      By Cheque
      -----
      ₹11000.00
      ₹12000.00
      1st Sep 2025
      To Cheque
      ₹2750.00
      -----
      ₹9250.00
      3rd Oct 2025
      To Self
      ₹2063.00
      -----
      ₹7187.00
      19th Oct 2025
      To Cheque
      ₹3094.00
      -----
      ₹4093.00
      6th Nov 2025
      By Transfer
      -----
      ₹1547.00
      ₹5640.00
      4th Dec 2025
      By Transfer
      -----
      ₹1160.00
      ₹6800.00
      14th Dec 2025
      By Cheque
      -----
      ₹1450.00
      ₹8250.00
      5th Jan 2026
      To Self
      ₹1813.00
      -----
      ₹6437.00
      7th Jan 2026
      By Transfer
      -----
      ₹1359.00
      ₹7796.00
      7th Feb 2026
      To Cash
      ₹3398.00
      -----
      ₹4398.00
  • (i)
    ₹80.30
  • (ii)
    ₹78.30
  • (iii)
    ₹88.30
  • (iv)
    ₹83.30
  • (v)
    ₹86.30
Question 2
2.
    • The following are the details of the savings bank account of a person.
    • Calculate the rate of interest, if the interest at the end of
    • January
    • 2026
    • is
    • ₹184.00
    • Date
      Particulars
      Debit
      Credit
      Balance
      23rd Jul 2025
      By Balance
      -----
      -----
      ₹1000.00
      2nd Aug 2025
      By Clearing
      -----
      ₹7000.00
      ₹8000.00
      23rd Aug 2025
      By Cheque
      -----
      ₹3500.00
      ₹11500.00
      2nd Sep 2025
      By Transfer
      -----
      ₹2625.00
      ₹14125.00
      1st Oct 2025
      To Cheque
      ₹3281.00
      -----
      ₹10844.00
      6th Nov 2025
      To Self
      ₹2461.00
      -----
      ₹8383.00
      11th Nov 2025
      To Cheque
      ₹3692.00
      -----
      ₹4691.00
      4th Dec 2025
      To Cash
      ₹923.00
      -----
      ₹3768.00
      21st Dec 2025
      By Cash
      -----
      ₹692.00
      ₹4460.00
      18th Jan 2026
      To Self
      ₹1730.00
      -----
      ₹2730.00
      31st Jan 2026
      By Transfer
      -----
      ₹865.00
      ₹3595.00
  • (i)
    6.00%
  • (ii)
    5.00%
  • (iii)
    4.00%
  • (iv)
    7.00%
  • (v)
    3.00%
Question 3
3.
In a Recurring Deposit Scheme, if principal = ₹1700.00, rate of interest = 3.00% per annum and number of terms is 6 months, the maturity value =
  • (i)
    ₹10289.25
  • (ii)
    ₹9789.25
  • (iii)
    ₹11689.25
  • (iv)
    ₹8489.25
Question 4
4.
In a Recurring Deposit Scheme, if principal = ₹600.00 , rate of interest = 7.00% per annum and maturity value ₹7473.00, the number of months =
  • (i)
    12
  • (ii)
    9
  • (iii)
    17
  • (iv)
    15
  • (v)
    7
Question 5
5.
In a Recurring Deposit Scheme, if principal = ₹800.00 , maturity value = ₹26790.00 and number of terms is 30 months, the rate of interest per annum =
  • (i)
    7.00%
  • (ii)
    10.00%
  • (iii)
    9.00%
  • (iv)
    11.00%
  • (v)
    8.00%
Question 6
6.
In a Recurring Deposit Scheme, if maturity value = ₹20952.50 , rate of interest = 5.00% per annum and number of terms is 12 months, the principal =
  • (i)
    ₹1780.00
  • (ii)
    ₹1850.00
  • (iii)
    ₹1680.00
  • (iv)
    ₹1700.00
  • (v)
    ₹1430.00
Question 7
7.
A person deposited ₹1900.00 in a bank for 26 months under a Recurring Deposit Scheme. What will be the maturity value of his deposits, if the rate of interest is 3.00% per annum and interest is calculated at the end of each month.
  • (i)
    ₹51467.25
  • (ii)
    ₹49567.25
  • (iii)
    ₹52667.25
  • (iv)
    ₹51067.25
  • (v)
    ₹49267.25
Question 8
8.
A person deposits ₹1600.00 per month under a Recurring Deposit Scheme, interest being calculated at the end of each month. If the rate of interest is 9.00% per annum and the person gets ₹32680.00 at the time of maturity, find the number of months for which the account was held.
  • (i)
    16
  • (ii)
    24
  • (iii)
    22
  • (iv)
    14
  • (v)
    19
Question 9
9.
A person deposited ₹1800.00 in a bank for 13 months under a Recurring Deposit Scheme. If the person received ₹23946.00 at the time of maturity, find the rate of interest per annum.
  • (i)
    6.00%
  • (ii)
    5.00%
  • (iii)
    4.00%
  • (iv)
    2.00%
  • (v)
    3.00%
Question 10
10.
A person deposits in a Recurring Deposit account for 17 months. If the rate of interest is 5.00% per annum and the bank pays ₹29983.75 on maturity, find how much he deposited each month
  • (i)
    ₹1850.00
  • (ii)
    ₹1580.00
  • (iii)
    ₹1700.00
  • (iv)
    ₹1630.00
  • (v)
    ₹1840.00
Question 11
11.
    • The following are the details of the savings bank account of a person.
    • Calculate the interest up to the end of
    • January
    • 2026
    • , at
    • 2
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      24th Jul 2025
      By Balance
      -----
      -----
      ₹1000.00
      3rd Aug 2025
      By Transfer
      -----
      ₹8000.00
      ₹9000.00
      25th Aug 2025
      By Transfer
      -----
      ₹4000.00
      ₹13000.00
      16th Sep 2025
      To Cash
      ₹6000.00
      -----
      ₹7000.00
      16th Oct 2025
      To Cheque
      ₹1500.00
      -----
      ₹5500.00
      9th Nov 2025
      By Clearing
      -----
      ₹1125.00
      ₹6625.00
      11th Nov 2025
      By Clearing
      -----
      ₹2813.00
      ₹9438.00
      1st Dec 2025
      By Cash
      -----
      ₹4219.00
      ₹13657.00
      6th Dec 2025
      By Cash
      -----
      ₹6329.00
      ₹19986.00
      13th Dec 2025
      By Clearing
      -----
      ₹9493.00
      ₹29479.00
      12th Jan 2026
      By Cheque
      -----
      ₹7120.00
      ₹36599.00
  • (i)
    ₹142.33
  • (ii)
    ₹111.33
  • (iii)
    ₹125.33
  • (iv)
    ₹129.33
Question 12
12.
    • The following are the details of the savings bank account of a person.
    • Calculate the rate of interest, if the interest at the end of
    • February
    • 2026
    • is
    • ₹325.35
    • Date
      Particulars
      Debit
      Credit
      Balance
      10th Jul 2025
      By Balance
      -----
      -----
      ₹1000.00
      20th Jul 2025
      By Clearing
      -----
      ₹14000.00
      ₹15000.00
      8th Aug 2025
      To Self
      ₹7000.00
      -----
      ₹8000.00
      10th Aug 2025
      By Transfer
      -----
      ₹3500.00
      ₹11500.00
      21st Aug 2025
      By Transfer
      -----
      ₹2625.00
      ₹14125.00
      30th Sep 2025
      By Cash
      -----
      ₹3281.00
      ₹17406.00
      21st Oct 2025
      To Self
      ₹4102.00
      -----
      ₹13304.00
      21st Nov 2025
      To Cash
      ₹6152.00
      -----
      ₹7152.00
      12th Dec 2025
      To Cheque
      ₹1538.00
      -----
      ₹5614.00
      17th Jan 2026
      By Clearing
      -----
      ₹1154.00
      ₹6768.00
      21st Feb 2026
      By Clearing
      -----
      ₹2884.00
      ₹9652.00
  • (i)
    8.00%
  • (ii)
    6.00%
  • (iii)
    7.00%
  • (iv)
    4.00%
  • (v)
    5.00%
Question 13
13.
In a Recurring Deposit Scheme, if principal = ₹1000.00, rate of interest = 3.00% per annum and number of terms is 36 months, the maturity value =
  • (i)
    ₹37665.00
  • (ii)
    ₹36465.00
  • (iii)
    ₹40065.00
  • (iv)
    ₹39365.00
  • (v)
    ₹36165.00
Question 14
14.
In a Recurring Deposit Scheme, if principal = ₹1900.00 , rate of interest = 6.00% per annum and maturity value ₹23541.00, the number of months =
  • (i)
    12
  • (ii)
    9
  • (iii)
    17
  • (iv)
    7
  • (v)
    15
Question 15
15.
In a Recurring Deposit Scheme, if principal = ₹1900.00 , maturity value = ₹23664.50 and number of terms is 12 months, the rate of interest per annum =
  • (i)
    6.00%
  • (ii)
    7.00%
  • (iii)
    9.00%
  • (iv)
    5.00%
  • (v)
    8.00%
Question 16
16.
In a Recurring Deposit Scheme, if maturity value = ₹6097.50 , rate of interest = 3.00% per annum and number of terms is 12 months, the principal =
  • (i)
    ₹495.00
  • (ii)
    ₹512.00
  • (iii)
    ₹473.00
  • (iv)
    ₹514.00
  • (v)
    ₹500.00
Question 17
17.
A person deposited ₹1000.00 in a bank for 11 months under a Recurring Deposit Scheme. What will be the maturity value of his deposits, if the rate of interest is 5.00% per annum and interest is calculated at the end of each month.
  • (i)
    ₹9875.00
  • (ii)
    ₹10475.00
  • (iii)
    ₹12675.00
  • (iv)
    ₹13975.00
  • (v)
    ₹11275.00
Question 18
18.
A person deposits ₹1500.00 per month under a Recurring Deposit Scheme, interest being calculated at the end of each month. If the rate of interest is 10.00% per annum and the person gets ₹15687.50 at the time of maturity, find the number of months for which the account was held.
  • (i)
    5
  • (ii)
    10
  • (iii)
    13
  • (iv)
    7
  • (v)
    15
Question 19
19.
A person deposited ₹1200.00 in a bank for 21 months under a Recurring Deposit Scheme. If the person received ₹27279.00 at the time of maturity, find the rate of interest per annum.
  • (i)
    7.00%
  • (ii)
    11.00%
  • (iii)
    10.00%
  • (iv)
    8.00%
  • (v)
    9.00%
Question 20
20.
A person deposits in a Recurring Deposit account for 10 months. If the rate of interest is 6.00% per annum and the bank pays ₹10275.00 on maturity, find how much he deposited each month
  • (i)
    ₹780.00
  • (ii)
    ₹1250.00
  • (iii)
    ₹1060.00
  • (iv)
    ₹840.00
  • (v)
    ₹1000.00
    Assignment Key
  •  1) (iv)
  •  2) (ii)
  •  3) (i)
  •  4) (i)
  •  5) (iii)
  •  6) (iv)
  •  7) (iv)
  •  8) (v)
  •  9) (iii)
  •  10) (iii)
  •  11) (iv)
  •  12) (ii)
  •  13) (i)
  •  14) (i)
  •  15) (ii)
  •  16) (v)
  •  17) (v)
  •  18) (ii)
  •  19) (v)
  •  20) (v)