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
    • January
    • 2026
    • , at
    • 3
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      2nd Jul 2025
      By Balance
      -----
      -----
      ₹1000.00
      12th Jul 2025
      By Clearing
      -----
      ₹14000.00
      ₹15000.00
      14th Jul 2025
      To Self
      ₹7000.00
      -----
      ₹8000.00
      27th Jul 2025
      By Clearing
      -----
      ₹3500.00
      ₹11500.00
      30th Aug 2025
      To Self
      ₹5250.00
      -----
      ₹6250.00
      28th Sep 2025
      To Cheque
      ₹2625.00
      -----
      ₹3625.00
      26th Oct 2025
      By Cash
      -----
      ₹656.00
      ₹4281.00
      17th Nov 2025
      By Clearing
      -----
      ₹1641.00
      ₹5922.00
      8th Dec 2025
      To Self
      ₹1231.00
      -----
      ₹4691.00
      29th Dec 2025
      By Cheque
      -----
      ₹923.00
      ₹5614.00
      27th Jan 2026
      To Cash
      ₹2307.00
      -----
      ₹3307.00
  • (i)
    ₹71.97
  • (ii)
    ₹69.97
  • (iii)
    ₹63.97
  • (iv)
    ₹61.97
  • (v)
    ₹66.97
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
    • ₹114.28
    • Date
      Particulars
      Debit
      Credit
      Balance
      14th Jul 2025
      By Balance
      -----
      -----
      ₹1000.00
      24th Jul 2025
      By Transfer
      -----
      ₹10000.00
      ₹11000.00
      16th Aug 2025
      To Cash
      ₹5000.00
      -----
      ₹6000.00
      17th Aug 2025
      To Self
      ₹1250.00
      -----
      ₹4750.00
      22nd Sep 2025
      By Cheque
      -----
      ₹938.00
      ₹5688.00
      14th Oct 2025
      By Cheque
      -----
      ₹2344.00
      ₹8032.00
      1st Nov 2025
      To Cash
      ₹1758.00
      -----
      ₹6274.00
      14th Nov 2025
      By Cash
      -----
      ₹1319.00
      ₹7593.00
      7th Dec 2025
      By Cash
      -----
      ₹3297.00
      ₹10890.00
      3rd Jan 2026
      By Clearing
      -----
      ₹2473.00
      ₹13363.00
      16th Jan 2026
      By Cash
      -----
      ₹3091.00
      ₹16454.00
  • (i)
    5.00%
  • (ii)
    1.00%
  • (iii)
    2.00%
  • (iv)
    3.00%
  • (v)
    4.00%
Question 3
3.
In a Recurring Deposit Scheme, if principal = ₹700.00, rate of interest = 9.00% per annum and number of terms is 30 months, the maturity value =
  • (i)
    ₹21741.25
  • (ii)
    ₹22241.25
  • (iii)
    ₹25241.25
  • (iv)
    ₹24141.25
  • (v)
    ₹23441.25
Question 4
4.
In a Recurring Deposit Scheme, if principal = ₹1200.00 , rate of interest = 7.00% per annum and maturity value ₹22797.00, the number of months =
  • (i)
    13
  • (ii)
    23
  • (iii)
    15
  • (iv)
    21
  • (v)
    18
Question 5
5.
In a Recurring Deposit Scheme, if principal = ₹900.00 , maturity value = ₹5478.75 and number of terms is 6 months, the rate of interest per annum =
  • (i)
    6.00%
  • (ii)
    5.00%
  • (iii)
    4.00%
  • (iv)
    7.00%
  • (v)
    3.00%
Question 6
6.
In a Recurring Deposit Scheme, if maturity value = ₹12245.00 , rate of interest = 7.00% per annum and number of terms is 6 months, the principal =
  • (i)
    ₹2000.00
  • (ii)
    ₹1980.00
  • (iii)
    ₹2160.00
  • (iv)
    ₹1760.00
  • (v)
    ₹2230.00
Question 7
7.
A person deposited ₹1300.00 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 9.00% per annum and interest is calculated at the end of each month.
  • (i)
    ₹29952.25
  • (ii)
    ₹28152.25
  • (iii)
    ₹30852.25
  • (iv)
    ₹29552.25
  • (v)
    ₹26752.25
Question 8
8.
A person deposits ₹1900.00 per month under a Recurring Deposit Scheme, interest being calculated at the end of each month. If the rate of interest is 4.00% per annum and the person gets ₹35283.00 at the time of maturity, find the number of months for which the account was held.
  • (i)
    18
  • (ii)
    23
  • (iii)
    15
  • (iv)
    21
  • (v)
    13
Question 9
9.
A person deposited ₹1000.00 in a bank for 22 months under a Recurring Deposit Scheme. If the person received ₹23686.67 at the time of maturity, find the rate of interest per annum.
  • (i)
    9.00%
  • (ii)
    6.00%
  • (iii)
    7.00%
  • (iv)
    10.00%
  • (v)
    8.00%
Question 10
10.
A person deposits in a Recurring Deposit account for 27 months. If the rate of interest is 6.00% per annum and the bank pays ₹52002.00 on maturity, find how much he deposited each month
  • (i)
    ₹1980.00
  • (ii)
    ₹1570.00
  • (iii)
    ₹1800.00
  • (iv)
    ₹1680.00
  • (v)
    ₹2040.00
Question 11
11.
    • The following are the details of the savings bank account of a person.
    • Calculate the interest up to the end of
    • April
    • 2026
    • , at
    • 2
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      28th Jul 2025
      By Balance
      -----
      -----
      ₹1000.00
      7th Aug 2025
      By Cash
      -----
      ₹14000.00
      ₹15000.00
      1st Sep 2025
      To Cheque
      ₹7000.00
      -----
      ₹8000.00
      11th Oct 2025
      By Cash
      -----
      ₹1750.00
      ₹9750.00
      8th Nov 2025
      By Cheque
      -----
      ₹4375.00
      ₹14125.00
      14th Dec 2025
      By Cheque
      -----
      ₹6563.00
      ₹20688.00
      27th Dec 2025
      By Transfer
      -----
      ₹9844.00
      ₹30532.00
      27th Jan 2026
      By Cash
      -----
      ₹7383.00
      ₹37915.00
      12th Feb 2026
      By Cash
      -----
      ₹18458.00
      ₹56373.00
      21st Mar 2026
      To Self
      ₹13843.00
      -----
      ₹42530.00
      17th Apr 2026
      By Clearing
      -----
      ₹20765.00
      ₹63295.00
  • (i)
    ₹354.62
  • (ii)
    ₹381.62
  • (iii)
    ₹350.62
  • (iv)
    ₹368.62
  • (v)
    ₹332.62
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
    • ₹152.88
    • Date
      Particulars
      Debit
      Credit
      Balance
      5th Jul 2025
      By Balance
      -----
      -----
      ₹1000.00
      15th Jul 2025
      By Transfer
      -----
      ₹7000.00
      ₹8000.00
      7th Aug 2025
      By Transfer
      -----
      ₹1750.00
      ₹9750.00
      29th Aug 2025
      To Self
      ₹2188.00
      -----
      ₹7562.00
      14th Sep 2025
      By Cash
      -----
      ₹3281.00
      ₹10843.00
      21st Sep 2025
      To Cheque
      ₹2461.00
      -----
      ₹8382.00
      7th Oct 2025
      By Clearing
      -----
      ₹3691.00
      ₹12073.00
      27th Oct 2025
      To Cash
      ₹5537.00
      -----
      ₹6536.00
      3rd Dec 2025
      By Transfer
      -----
      ₹1384.00
      ₹7920.00
      13th Dec 2025
      By Cheque
      -----
      ₹1730.00
      ₹9650.00
      21st Dec 2025
      To Self
      ₹2163.00
      -----
      ₹7487.00
  • (i)
    3.00%
  • (ii)
    4.00%
  • (iii)
    6.00%
  • (iv)
    5.00%
  • (v)
    7.00%
Question 13
13.
In a Recurring Deposit Scheme, if principal = ₹1800.00, rate of interest = 7.00% per annum and number of terms is 36 months, the maturity value =
  • (i)
    ₹73493.00
  • (ii)
    ₹70293.00
  • (iii)
    ₹71793.00
  • (iv)
    ₹73993.00
  • (v)
    ₹70193.00
Question 14
14.
In a Recurring Deposit Scheme, if principal = ₹1500.00 , rate of interest = 2.00% per annum and maturity value ₹18195.00, the number of months =
  • (i)
    7
  • (ii)
    17
  • (iii)
    12
  • (iv)
    9
  • (v)
    15
Question 15
15.
In a Recurring Deposit Scheme, if principal = ₹1500.00 , maturity value = ₹59827.50 and number of terms is 36 months, the rate of interest per annum =
  • (i)
    7.00%
  • (ii)
    5.00%
  • (iii)
    8.00%
  • (iv)
    6.00%
  • (v)
    9.00%
Question 16
16.
In a Recurring Deposit Scheme, if maturity value = ₹13557.50 , rate of interest = 5.00% per annum and number of terms is 12 months, the principal =
  • (i)
    ₹1050.00
  • (ii)
    ₹1100.00
  • (iii)
    ₹1260.00
  • (iv)
    ₹970.00
Question 17
17.
A person deposited ₹1800.00 in a bank for 27 months under a Recurring Deposit Scheme. What will be the maturity value of his deposits, if the rate of interest is 4.00% per annum and interest is calculated at the end of each month.
  • (i)
    ₹51268.00
  • (ii)
    ₹49568.00
  • (iii)
    ₹52468.00
  • (iv)
    ₹50868.00
  • (v)
    ₹49068.00
Question 18
18.
A person deposits ₹1800.00 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 ₹26460.00 at the time of maturity, find the number of months for which the account was held.
  • (i)
    11
  • (ii)
    14
  • (iii)
    19
  • (iv)
    17
  • (v)
    9
Question 19
19.
A person deposited ₹1900.00 in a bank for 28 months under a Recurring Deposit Scheme. If the person received ₹56414.17 at the time of maturity, find the rate of interest per annum.
  • (i)
    6.00%
  • (ii)
    4.00%
  • (iii)
    5.00%
  • (iv)
    7.00%
  • (v)
    3.00%
Question 20
20.
A person deposits in a Recurring Deposit account for 13 months. If the rate of interest is 2.00% per annum and the bank pays ₹23673.00 on maturity, find how much he deposited each month
  • (i)
    ₹2040.00
  • (ii)
    ₹1800.00
  • (iii)
    ₹1820.00
  • (iv)
    ₹1530.00
  • (v)
    ₹1670.00
    Assignment Key
  •  1) (v)
  •  2) (iv)
  •  3) (v)
  •  4) (v)
  •  5) (ii)
  •  6) (i)
  •  7) (iv)
  •  8) (i)
  •  9) (v)
  •  10) (iii)
  •  11) (i)
  •  12) (iv)
  •  13) (iii)
  •  14) (iii)
  •  15) (i)
  •  16) (ii)
  •  17) (iv)
  •  18) (ii)
  •  19) (iii)
  •  20) (ii)