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
    • July
    • 2025
    • , at
    • 3
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      28th Mar 2025
      By Balance
      -----
      -----
      ₹1000.00
      7th Apr 2025
      By Cash
      -----
      ₹3000.00
      ₹4000.00
      22nd Apr 2025
      By Cash
      -----
      ₹1500.00
      ₹5500.00
      1st May 2025
      By Cheque
      -----
      ₹1125.00
      ₹6625.00
      3rd May 2025
      To Self
      ₹2813.00
      -----
      ₹3812.00
      15th May 2025
      To Cash
      ₹1406.00
      -----
      ₹2406.00
      16th May 2025
      By Cheque
      -----
      ₹703.00
      ₹3109.00
      9th Jun 2025
      To Cheque
      ₹527.00
      -----
      ₹2582.00
      11th Jun 2025
      By Cheque
      -----
      ₹396.00
      ₹2978.00
      13th Jun 2025
      To Cheque
      ₹989.00
      -----
      ₹1989.00
      20th Jul 2025
      By Transfer
      -----
      ₹247.00
      ₹2236.00
  • (i)
    ₹25.98
  • (ii)
    ₹22.98
  • (iii)
    ₹28.98
  • (iv)
    ₹30.98
  • (v)
    ₹20.98
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
    • September
    • 2025
    • is
    • ₹137.12
    • Date
      Particulars
      Debit
      Credit
      Balance
      25th Mar 2025
      By Balance
      -----
      -----
      ₹1000.00
      4th Apr 2025
      By Transfer
      -----
      ₹8000.00
      ₹9000.00
      14th Apr 2025
      By Clearing
      -----
      ₹4000.00
      ₹13000.00
      20th May 2025
      By Transfer
      -----
      ₹6000.00
      ₹19000.00
      7th Jun 2025
      By Transfer
      -----
      ₹4500.00
      ₹23500.00
      24th Jun 2025
      To Cash
      ₹11250.00
      -----
      ₹12250.00
      14th Jul 2025
      To Cheque
      ₹2813.00
      -----
      ₹9437.00
      11th Aug 2025
      To Cheque
      ₹4219.00
      -----
      ₹5218.00
      15th Aug 2025
      By Cash
      -----
      ₹1055.00
      ₹6273.00
      3rd Sep 2025
      By Clearing
      -----
      ₹1318.00
      ₹7591.00
      7th Sep 2025
      To Self
      ₹1648.00
      -----
      ₹5943.00
  • (i)
    3.00%
  • (ii)
    1.00%
  • (iii)
    2.00%
  • (iv)
    4.00%
  • (v)
    5.00%
Question 3
3.
In a Recurring Deposit Scheme, if principal = ₹1800.00, rate of interest = 5.00% per annum and number of terms is 12 months, the maturity value =
  • (i)
    ₹23985.00
  • (ii)
    ₹20585.00
  • (iii)
    ₹22185.00
  • (iv)
    ₹22685.00
  • (v)
    ₹19385.00
Question 4
4.
In a Recurring Deposit Scheme, if principal = ₹1200.00 , rate of interest = 6.00% per annum and maturity value ₹38790.00, the number of months =
  • (i)
    27
  • (ii)
    33
  • (iii)
    35
  • (iv)
    30
  • (v)
    25
Question 5
5.
In a Recurring Deposit Scheme, if principal = ₹2000.00 , maturity value = ₹64650.00 and number of terms is 30 months, the rate of interest per annum =
  • (i)
    7.00%
  • (ii)
    5.00%
  • (iii)
    8.00%
  • (iv)
    4.00%
  • (v)
    6.00%
Question 6
6.
In a Recurring Deposit Scheme, if maturity value = ₹52572.00 , rate of interest = 8.00% per annum and number of terms is 36 months, the principal =
  • (i)
    ₹1240.00
  • (ii)
    ₹1550.00
  • (iii)
    ₹1430.00
  • (iv)
    ₹1020.00
  • (v)
    ₹1300.00
Question 7
7.
A person deposited ₹600.00 in a bank for 21 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)
    ₹13177.50
  • (ii)
    ₹11977.50
  • (iii)
    ₹10377.50
  • (iv)
    ₹13677.50
  • (v)
    ₹14477.50
Question 8
8.
A person deposits ₹1000.00 per month under a Recurring Deposit Scheme, interest being calculated at the end of each month. If the rate of interest is 6.00% per annum and the person gets ₹19950.00 at the time of maturity, find the number of months for which the account was held.
  • (i)
    14
  • (ii)
    22
  • (iii)
    24
  • (iv)
    16
  • (v)
    19
Question 9
9.
A person deposited ₹700.00 in a bank for 25 months under a Recurring Deposit Scheme. If the person received ₹18827.08 at the time of maturity, find the rate of interest per annum.
  • (i)
    9.00%
  • (ii)
    7.00%
  • (iii)
    6.00%
  • (iv)
    5.00%
  • (v)
    8.00%
Question 10
10.
A person deposits in a Recurring Deposit account for 30 months. If the rate of interest is 9.00% per annum and the bank pays ₹20092.50 on maturity, find how much he deposited each month
  • (i)
    ₹588.00
  • (ii)
    ₹606.00
  • (iii)
    ₹593.00
  • (iv)
    ₹600.00
  • (v)
    ₹625.00
Question 11
11.
    • The following are the details of the savings bank account of a person.
    • Calculate the interest up to the end of
    • October
    • 2025
    • , at
    • 2
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      27th Mar 2025
      By Balance
      -----
      -----
      ₹1000.00
      6th Apr 2025
      By Cheque
      -----
      ₹5000.00
      ₹6000.00
      12th May 2025
      To Self
      ₹1250.00
      -----
      ₹4750.00
      7th Jun 2025
      To Cash
      ₹938.00
      -----
      ₹3812.00
      24th Jun 2025
      By Cash
      -----
      ₹703.00
      ₹4515.00
      11th Jul 2025
      To Cash
      ₹879.00
      -----
      ₹3636.00
      27th Jul 2025
      By Cash
      -----
      ₹1318.00
      ₹4954.00
      26th Aug 2025
      To Self
      ₹1977.00
      -----
      ₹2977.00
      28th Aug 2025
      To Self
      ₹989.00
      -----
      ₹1988.00
      1st Oct 2025
      By Cheque
      -----
      ₹494.00
      ₹2482.00
      4th Oct 2025
      To Cash
      ₹741.00
      -----
      ₹1741.00
  • (i)
    ₹44.87
  • (ii)
    ₹36.87
  • (iii)
    ₹34.87
  • (iv)
    ₹39.87
  • (v)
    ₹42.87
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
    • December
    • 2025
    • is
    • ₹92.78
    • Date
      Particulars
      Debit
      Credit
      Balance
      20th Apr 2025
      By Balance
      -----
      -----
      ₹1000.00
      30th Apr 2025
      By Transfer
      -----
      ₹5000.00
      ₹6000.00
      15th May 2025
      By Clearing
      -----
      ₹2500.00
      ₹8500.00
      19th Jun 2025
      By Transfer
      -----
      ₹3750.00
      ₹12250.00
      29th Jul 2025
      To Cheque
      ₹5625.00
      -----
      ₹6625.00
      25th Aug 2025
      To Cheque
      ₹2813.00
      -----
      ₹3812.00
      13th Sep 2025
      By Clearing
      -----
      ₹703.00
      ₹4515.00
      17th Oct 2025
      To Cheque
      ₹879.00
      -----
      ₹3636.00
      7th Nov 2025
      To Self
      ₹659.00
      -----
      ₹2977.00
      13th Dec 2025
      To Self
      ₹494.00
      -----
      ₹2483.00
      31st Dec 2025
      To Cheque
      ₹742.00
      -----
      ₹1741.00
  • (i)
    2.00%
  • (ii)
    1.00%
  • (iii)
    5.00%
  • (iv)
    4.00%
  • (v)
    3.00%
Question 13
13.
In a Recurring Deposit Scheme, if principal = ₹1600.00, rate of interest = 2.00% per annum and number of terms is 18 months, the maturity value =
  • (i)
    ₹29256.00
  • (ii)
    ₹29456.00
  • (iii)
    ₹27856.00
  • (iv)
    ₹31056.00
Question 14
14.
In a Recurring Deposit Scheme, if principal = ₹900.00 , rate of interest = 9.00% per annum and maturity value ₹23625.00, the number of months =
  • (i)
    29
  • (ii)
    21
  • (iii)
    24
  • (iv)
    27
  • (v)
    19
Question 15
15.
In a Recurring Deposit Scheme, if principal = ₹700.00 , maturity value = ₹4273.50 and number of terms is 6 months, the rate of interest per annum =
  • (i)
    7.00%
  • (ii)
    8.00%
  • (iii)
    5.00%
  • (iv)
    4.00%
  • (v)
    6.00%
Question 16
16.
In a Recurring Deposit Scheme, if maturity value = ₹29700.00 , rate of interest = 3.00% per annum and number of terms is 24 months, the principal =
  • (i)
    ₹1200.00
  • (ii)
    ₹1260.00
  • (iii)
    ₹1150.00
  • (iv)
    ₹1470.00
  • (v)
    ₹920.00
Question 17
17.
A person deposited ₹2000.00 in a bank for 17 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)
    ₹34465.00
  • (ii)
    ₹32265.00
  • (iii)
    ₹34765.00
  • (iv)
    ₹35365.00
  • (v)
    ₹36165.00
Question 18
18.
A person deposits ₹600.00 per month under a Recurring Deposit Scheme, interest being calculated at the end of each month. If the rate of interest is 8.00% per annum and the person gets ₹19140.00 at the time of maturity, find the number of months for which the account was held.
  • (i)
    34
  • (ii)
    26
  • (iii)
    24
  • (iv)
    29
  • (v)
    32
Question 19
19.
A person deposited ₹1600.00 in a bank for 13 months under a Recurring Deposit Scheme. If the person received ₹21285.33 at the time of maturity, find the rate of interest per annum.
  • (i)
    4.00%
  • (ii)
    6.00%
  • (iii)
    3.00%
  • (iv)
    2.00%
  • (v)
    5.00%
Question 20
20.
A person deposits in a Recurring Deposit account for 18 months. If the rate of interest is 9.00% per annum and the bank pays ₹17354.25 on maturity, find how much he deposited each month
  • (i)
    ₹883.00
  • (ii)
    ₹900.00
  • (iii)
    ₹884.00
  • (iv)
    ₹912.00
  • (v)
    ₹928.00
    Assignment Key
  •  1) (i)
  •  2) (i)
  •  3) (iii)
  •  4) (iv)
  •  5) (v)
  •  6) (v)
  •  7) (i)
  •  8) (v)
  •  9) (ii)
  •  10) (iv)
  •  11) (iv)
  •  12) (v)
  •  13) (i)
  •  14) (iii)
  •  15) (v)
  •  16) (i)
  •  17) (iii)
  •  18) (iv)
  •  19) (i)
  •  20) (ii)