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
    • August
    • 2025
    • , at
    • 3
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      15th Feb 2025
      By Balance
      -----
      -----
      ₹1000.00
      25th Feb 2025
      By Cash
      -----
      ₹9000.00
      ₹10000.00
      18th Mar 2025
      To Cheque
      ₹2250.00
      -----
      ₹7750.00
      23rd Mar 2025
      By Transfer
      -----
      ₹1688.00
      ₹9438.00
      26th Apr 2025
      By Transfer
      -----
      ₹2110.00
      ₹11548.00
      14th May 2025
      By Clearing
      -----
      ₹5274.00
      ₹16822.00
      2nd Jun 2025
      To Cash
      ₹7911.00
      -----
      ₹8911.00
      26th Jun 2025
      By Clearing
      -----
      ₹1978.00
      ₹10889.00
      1st Jul 2025
      By Transfer
      -----
      ₹4945.00
      ₹15834.00
      16th Jul 2025
      To Cheque
      ₹7417.00
      -----
      ₹8417.00
      4th Aug 2025
      By Cash
      -----
      ₹1854.00
      ₹10271.00
  • (i)
    ₹140.85
  • (ii)
    ₹116.85
  • (iii)
    ₹125.85
  • (iv)
    ₹156.85
  • (v)
    ₹152.85
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
    • ₹177.00
    • Date
      Particulars
      Debit
      Credit
      Balance
      9th Mar 2025
      By Balance
      -----
      -----
      ₹1000.00
      19th Mar 2025
      By Cheque
      -----
      ₹8000.00
      ₹9000.00
      30th Mar 2025
      To Cash
      ₹2000.00
      -----
      ₹7000.00
      9th May 2025
      By Cheque
      -----
      ₹3000.00
      ₹10000.00
      28th May 2025
      By Transfer
      -----
      ₹2250.00
      ₹12250.00
      16th Jun 2025
      By Transfer
      -----
      ₹2813.00
      ₹15063.00
      13th Jul 2025
      To Cheque
      ₹7032.00
      -----
      ₹8031.00
      27th Jul 2025
      By Transfer
      -----
      ₹3516.00
      ₹11547.00
      28th Jul 2025
      To Cheque
      ₹5274.00
      -----
      ₹6273.00
      29th Aug 2025
      To Cash
      ₹2637.00
      -----
      ₹3636.00
      6th Sep 2025
      To Cash
      ₹1318.00
      -----
      ₹2318.00
  • (i)
    5.00%
  • (ii)
    6.00%
  • (iii)
    4.00%
  • (iv)
    3.00%
  • (v)
    7.00%
Question 3
3.
In a Recurring Deposit Scheme, if principal = ₹1400.00, rate of interest = 2.00% per annum and number of terms is 30 months, the maturity value =
  • (i)
    ₹41585.00
  • (ii)
    ₹41785.00
  • (iii)
    ₹44485.00
  • (iv)
    ₹43085.00
Question 4
4.
In a Recurring Deposit Scheme, if principal = ₹1300.00 , rate of interest = 4.00% per annum and maturity value ₹41015.00, the number of months =
  • (i)
    33
  • (ii)
    25
  • (iii)
    35
  • (iv)
    27
  • (v)
    30
Question 5
5.
In a Recurring Deposit Scheme, if principal = ₹1700.00 , maturity value = ₹44200.00 and number of terms is 24 months, the rate of interest per annum =
  • (i)
    8.00%
  • (ii)
    9.00%
  • (iii)
    10.00%
  • (iv)
    6.00%
  • (v)
    7.00%
Question 6
6.
In a Recurring Deposit Scheme, if maturity value = ₹78660.00 , rate of interest = 6.00% per annum and number of terms is 36 months, the principal =
  • (i)
    ₹2000.00
  • (ii)
    ₹2130.00
  • (iii)
    ₹1920.00
  • (iv)
    ₹2280.00
  • (v)
    ₹1850.00
Question 7
7.
A person deposited ₹1100.00 in a bank for 23 months under a Recurring Deposit Scheme. What will be the maturity value of his deposits, if the rate of interest is 10.00% per annum and interest is calculated at the end of each month.
  • (i)
    ₹26530.00
  • (ii)
    ₹25130.00
  • (iii)
    ₹29030.00
  • (iv)
    ₹27830.00
Question 8
8.
A person deposits ₹1400.00 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 ₹41328.00 at the time of maturity, find the number of months for which the account was held.
  • (i)
    22
  • (ii)
    27
  • (iii)
    24
  • (iv)
    30
  • (v)
    32
Question 9
9.
A person deposited ₹1000.00 in a bank for 30 months under a Recurring Deposit Scheme. If the person received ₹33100.00 at the time of maturity, find the rate of interest per annum.
  • (i)
    10.00%
  • (ii)
    7.00%
  • (iii)
    6.00%
  • (iv)
    8.00%
  • (v)
    9.00%
Question 10
10.
A person deposits in a Recurring Deposit account for 22 months. If the rate of interest is 5.00% per annum and the bank pays ₹46108.33 on maturity, find how much he deposited each month
  • (i)
    ₹2140.00
  • (ii)
    ₹1770.00
  • (iii)
    ₹1880.00
  • (iv)
    ₹2000.00
  • (v)
    ₹2150.00
Question 11
11.
    • The following are the details of the savings bank account of a person.
    • Calculate the interest up to the end of
    • September
    • 2025
    • , at
    • 2
    • % per annum
    • Date
      Particulars
      Debit
      Credit
      Balance
      26th Feb 2025
      By Balance
      -----
      -----
      ₹1000.00
      8th Mar 2025
      By Cheque
      -----
      ₹12000.00
      ₹13000.00
      29th Mar 2025
      By Transfer
      -----
      ₹6000.00
      ₹19000.00
      5th Apr 2025
      To Cash
      ₹9000.00
      -----
      ₹10000.00
      10th Apr 2025
      By Cash
      -----
      ₹4500.00
      ₹14500.00
      28th Apr 2025
      To Cheque
      ₹6750.00
      -----
      ₹7750.00
      25th May 2025
      To Cheque
      ₹1688.00
      -----
      ₹6062.00
      3rd Jul 2025
      To Self
      ₹2531.00
      -----
      ₹3531.00
      21st Jul 2025
      By Clearing
      -----
      ₹633.00
      ₹4164.00
      23rd Aug 2025
      To Cash
      ₹1582.00
      -----
      ₹2582.00
      4th Sep 2025
      By Clearing
      -----
      ₹791.00
      ₹3373.00
  • (i)
    ₹73.58
  • (ii)
    ₹75.58
  • (iii)
    ₹70.58
  • (iv)
    ₹65.58
  • (v)
    ₹67.58
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
    • September
    • 2025
    • is
    • ₹341.70
    • Date
      Particulars
      Debit
      Credit
      Balance
      12th Mar 2025
      By Balance
      -----
      -----
      ₹1000.00
      22nd Mar 2025
      By Clearing
      -----
      ₹13000.00
      ₹14000.00
      23rd Mar 2025
      To Cash
      ₹3250.00
      -----
      ₹10750.00
      10th Apr 2025
      To Self
      ₹4875.00
      -----
      ₹5875.00
      1st May 2025
      By Transfer
      -----
      ₹1219.00
      ₹7094.00
      5th May 2025
      By Transfer
      -----
      ₹3047.00
      ₹10141.00
      20th May 2025
      By Cheque
      -----
      ₹2285.00
      ₹12426.00
      6th Jun 2025
      By Cash
      -----
      ₹5713.00
      ₹18139.00
      11th Jul 2025
      By Cheque
      -----
      ₹4285.00
      ₹22424.00
      6th Aug 2025
      By Cheque
      -----
      ₹10712.00
      ₹33136.00
      3rd Sep 2025
      To Cash
      ₹16068.00
      -----
      ₹17068.00
  • (i)
    2.00%
  • (ii)
    3.00%
  • (iii)
    5.00%
  • (iv)
    6.00%
  • (v)
    4.00%
Question 13
13.
In a Recurring Deposit Scheme, if principal = ₹1500.00, rate of interest = 8.00% per annum and number of terms is 6 months, the maturity value =
  • (i)
    ₹9280.00
  • (ii)
    ₹9490.00
  • (iii)
    ₹9210.00
  • (iv)
    ₹9160.00
  • (v)
    ₹8950.00
Question 14
14.
In a Recurring Deposit Scheme, if principal = ₹1200.00 , rate of interest = 5.00% per annum and maturity value ₹46530.00, the number of months =
  • (i)
    39
  • (ii)
    31
  • (iii)
    33
  • (iv)
    36
  • (v)
    41
Question 15
15.
In a Recurring Deposit Scheme, if principal = ₹500.00 , maturity value = ₹3026.25 and number of terms is 6 months, the rate of interest per annum =
  • (i)
    5.00%
  • (ii)
    3.00%
  • (iii)
    2.00%
  • (iv)
    4.00%
  • (v)
    1.00%
Question 16
16.
In a Recurring Deposit Scheme, if maturity value = ₹10926.00 , rate of interest = 4.00% per annum and number of terms is 6 months, the principal =
  • (i)
    ₹1840.00
  • (ii)
    ₹1730.00
  • (iii)
    ₹1560.00
  • (iv)
    ₹2070.00
  • (v)
    ₹1800.00
Question 17
17.
A person deposited ₹1600.00 in a bank for 23 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)
    ₹38104.00
  • (ii)
    ₹40204.00
  • (iii)
    ₹37304.00
  • (iv)
    ₹37904.00
  • (v)
    ₹35204.00
Question 18
18.
A person deposits ₹800.00 per month under a Recurring Deposit Scheme, interest being calculated at the end of each month. If the rate of interest is 2.00% per annum and the person gets ₹15453.33 at the time of maturity, find the number of months for which the account was held.
  • (i)
    22
  • (ii)
    19
  • (iii)
    14
  • (iv)
    16
  • (v)
    24
Question 19
19.
A person deposited ₹1200.00 in a bank for 27 months under a Recurring Deposit Scheme. If the person received ₹33534.00 at the time of maturity, find the rate of interest per annum.
  • (i)
    4.00%
  • (ii)
    2.00%
  • (iii)
    1.00%
  • (iv)
    3.00%
  • (v)
    5.00%
Question 20
20.
A person deposits in a Recurring Deposit account for 17 months. If the rate of interest is 4.00% per annum and the bank pays ₹35020.00 on maturity, find how much he deposited each month
  • (i)
    ₹2240.00
  • (ii)
    ₹1740.00
  • (iii)
    ₹2000.00
  • (iv)
    ₹2170.00
  • (v)
    ₹1820.00
    Assignment Key
  •  1) (i)
  •  2) (i)
  •  3) (iv)
  •  4) (v)
  •  5) (i)
  •  6) (i)
  •  7) (iv)
  •  8) (ii)
  •  9) (iv)
  •  10) (iv)
  •  11) (iii)
  •  12) (v)
  •  13) (iii)
  •  14) (iv)
  •  15) (ii)
  •  16) (v)
  •  17) (iv)
  •  18) (ii)
  •  19) (iv)
  •  20) (iii)