EduSahara™ Worksheet
Name : Chapter Based Worksheet
Chapter : Banking
Grade : ICSE Grade X
License : Non Commercial Use
Question
1
1.
A person deposited ₹1300.00 in a bank for 16 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)
₹21389.33
(ii)
₹19889.33
(iii)
₹21689.33
(iv)
₹20189.33
(v)
₹23989.33
Question
2
2.
A person deposited ₹600.00 in a bank for 18 months under a Recurring Deposit Scheme. If the person received ₹11142.00 at the time of maturity, find the rate of interest per annum.
(i)
3.00%
(ii)
2.00%
(iii)
6.00%
(iv)
5.00%
(v)
4.00%
Question
3
3.
In a Recurring Deposit Scheme, if principal = ₹1500.00, rate of interest = 8.00% per annum and number of terms is 36 months, the maturity value =
(i)
₹63360.00
(ii)
₹58360.00
(iii)
₹59460.00
(iv)
₹60660.00
(v)
₹60860.00
Question
4
4.
In a Recurring Deposit Scheme, if principal = ₹800.00 , rate of interest = 4.00% per annum and maturity value ₹20000.00, the number of months =
(i)
19
(ii)
24
(iii)
21
(iv)
27
(v)
29
Question
5
5.
A person deposits in a Recurring Deposit account for 21 months. If the rate of interest is 9.00% per annum and the bank pays ₹11366.25 on maturity, find how much he deposited each month
(i)
₹498.00
(ii)
₹487.00
(iii)
₹522.00
(iv)
₹500.00
(v)
₹515.00
Question
6
6.
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
May
2025
is
₹122.50
Date
Particulars
Debit
Credit
Balance
7th Nov 2024
By Balance
-----
-----
₹1000.00
17th Nov 2024
By Cheque
-----
₹9000.00
₹10000.00
24th Dec 2024
By Cash
-----
₹2250.00
₹12250.00
25th Dec 2024
To Cash
₹2813.00
-----
₹9437.00
20th Jan 2025
To Cash
₹2109.00
-----
₹7328.00
6th Feb 2025
To Self
₹1582.00
-----
₹5746.00
12th Feb 2025
To Cheque
₹1187.00
-----
₹4559.00
3rd Mar 2025
To Self
₹890.00
-----
₹3669.00
20th Mar 2025
By Cheque
-----
₹667.00
₹4336.00
28th Mar 2025
By Clearing
-----
₹1668.00
₹6004.00
7th May 2025
To Self
₹1251.00
-----
₹4753.00
(i)
3.00%
(ii)
4.00%
(iii)
5.00%
(iv)
2.00%
(v)
6.00%
Question
7
7.
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
July
2025
is
₹596.75
Date
Particulars
Debit
Credit
Balance
2nd Dec 2024
By Balance
-----
-----
₹1000.00
12th Dec 2024
By Clearing
-----
₹10000.00
₹11000.00
29th Dec 2024
By Cheque
-----
₹5000.00
₹16000.00
6th Feb 2025
To Cash
₹3750.00
-----
₹12250.00
13th Mar 2025
By Cash
-----
₹5625.00
₹17875.00
7th Apr 2025
By Cheque
-----
₹4219.00
₹22094.00
24th Apr 2025
By Transfer
-----
₹10547.00
₹32641.00
1st May 2025
By Clearing
-----
₹7910.00
₹40551.00
25th May 2025
By Cheque
-----
₹9888.00
₹50439.00
28th Jun 2025
To Self
₹24720.00
-----
₹25719.00
25th Jul 2025
To Cash
₹12360.00
-----
₹13359.00
(i)
6.00%
(ii)
3.00%
(iii)
5.00%
(iv)
7.00%
(v)
4.00%
Question
8
8.
The following are the details of the savings bank account of a person.
Calculate the interest up to the end of
May
2025
, at
2
% per annum
Date
Particulars
Debit
Credit
Balance
7th Nov 2024
By Balance
-----
-----
₹1000.00
17th Nov 2024
By Transfer
-----
₹4000.00
₹5000.00
21st Nov 2024
By Transfer
-----
₹2000.00
₹7000.00
29th Nov 2024
To Self
₹3000.00
-----
₹4000.00
25th Dec 2024
To Cheque
₹750.00
-----
₹3250.00
23rd Jan 2025
To Cash
₹1125.00
-----
₹2125.00
21st Feb 2025
To Self
₹563.00
-----
₹1562.00
26th Mar 2025
To Cheque
₹281.00
-----
₹1281.00
21st Apr 2025
To Cash
₹141.00
-----
₹1140.00
28th Apr 2025
To Self
₹35.00
-----
₹1105.00
5th May 2025
To Self
₹53.00
-----
₹1052.00
(i)
₹23.97
(ii)
₹15.97
(iii)
₹21.97
(iv)
₹18.97
(v)
₹13.97
Question
9
9.
A person deposited ₹800.00 in a bank for 24 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)
₹20200.00
(ii)
₹17700.00
(iii)
₹20500.00
(iv)
₹22400.00
(v)
₹18600.00
Question
10
10.
In a Recurring Deposit Scheme, if principal = ₹600.00 , rate of interest = 5.00% per annum and maturity value ₹3652.50, the number of months =
(i)
7
(ii)
5
(iii)
8
(iv)
6
(v)
4
Question
11
11.
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 2.00% per annum and the person gets ₹28880.00 at the time of maturity, find the number of months for which the account was held.
(i)
18
(ii)
12
(iii)
15
(iv)
20
(v)
10
Question
12
12.
The following are the details of the savings bank account of a person.
Calculate the interest up to the end of
May
2025
, at
3
% per annum
Date
Particulars
Debit
Credit
Balance
19th Nov 2024
By Balance
-----
-----
₹1000.00
29th Nov 2024
By Cash
-----
₹11000.00
₹12000.00
4th Dec 2024
By Cash
-----
₹5500.00
₹17500.00
5th Dec 2024
By Cheque
-----
₹8250.00
₹25750.00
16th Dec 2024
By Transfer
-----
₹6188.00
₹31938.00
8th Jan 2025
By Cash
-----
₹15469.00
₹47407.00
15th Feb 2025
To Cash
₹23204.00
-----
₹24203.00
7th Mar 2025
To Cheque
₹11602.00
-----
₹12601.00
6th Apr 2025
By Cash
-----
₹2900.00
₹15501.00
5th May 2025
To Cheque
₹7251.00
-----
₹8250.00
23rd May 2025
By Cheque
-----
₹1813.00
₹10063.00
(i)
₹360.27
(ii)
₹336.27
(iii)
₹307.27
(iv)
₹334.27
(v)
₹328.27
Question
13
13.
The following are the details of the savings bank account of a person.
Calculate the interest up to the end of
April
2025
, at
2
% per annum
Date
Particulars
Debit
Credit
Balance
16th Nov 2024
By Balance
-----
-----
₹1000.00
26th Nov 2024
By Transfer
-----
₹5000.00
₹6000.00
9th Dec 2024
To Cheque
₹2500.00
-----
₹3500.00
11th Dec 2024
To Self
₹1250.00
-----
₹2250.00
23rd Dec 2024
To Cheque
₹625.00
-----
₹1625.00
24th Dec 2024
To Cheque
₹313.00
-----
₹1312.00
25th Jan 2025
To Self
₹156.00
-----
₹1156.00
5th Feb 2025
To Self
₹78.00
-----
₹1078.00
15th Mar 2025
By Transfer
-----
₹39.00
₹1117.00
2nd Apr 2025
By Cheque
-----
₹59.00
₹1176.00
5th Apr 2025
To Cash
₹88.00
-----
₹1088.00
(i)
₹11.53
(ii)
₹8.53
(iii)
₹10.53
(iv)
₹9.53
(v)
₹7.53
Question
14
14.
In a Recurring Deposit Scheme, if principal = ₹1600.00, rate of interest = 7.00% per annum and number of terms is 6 months, the maturity value =
(i)
₹9796.00
(ii)
₹9636.00
(iii)
₹10056.00
(iv)
₹9846.00
(v)
₹9726.00
Question
15
15.
In a Recurring Deposit Scheme, if maturity value = ₹62040.00 , rate of interest = 5.00% per annum and number of terms is 36 months, the principal =
(i)
₹1330.00
(ii)
₹1520.00
(iii)
₹1720.00
(iv)
₹1730.00
(v)
₹1600.00
Question
16
16.
In a Recurring Deposit Scheme, if principal = ₹2000.00 , rate of interest = 10.00% per annum and maturity value ₹12350.00, the number of months =
(i)
7
(ii)
5
(iii)
4
(iv)
6
(v)
8
Question
17
17.
In a Recurring Deposit Scheme, if principal = ₹1300.00, rate of interest = 4.00% per annum and number of terms is 18 months, the maturity value =
(i)
₹24141.00
(ii)
₹23941.00
(iii)
₹25741.00
(iv)
₹21541.00
(v)
₹25841.00
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 3.00% per annum and the person gets ₹29412.00 at the time of maturity, find the number of months for which the account was held.
(i)
13
(ii)
11
(iii)
21
(iv)
19
(v)
16
Question
19
19.
A person deposited ₹2000.00 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 4.00% per annum and interest is calculated at the end of each month.
(i)
₹22940.00
(ii)
₹22040.00
(iii)
₹24840.00
(iv)
₹22440.00
(v)
₹19740.00
Question
20
20.
A person deposits in a Recurring Deposit account for 22 months. If the rate of interest is 6.00% per annum and the bank pays ₹34897.50 on maturity, find how much he deposited each month
(i)
₹1250.00
(ii)
₹1500.00
(iii)
₹1580.00
(iv)
₹1620.00
(v)
₹1330.00
Question
21
21.
In a Recurring Deposit Scheme, if maturity value = ₹11209.50 , rate of interest = 7.00% per annum and number of terms is 12 months, the principal =
(i)
₹902.00
(ii)
₹897.00
(iii)
₹900.00
(iv)
₹923.00
(v)
₹882.00
Question
22
22.
In a Recurring Deposit Scheme, if principal = ₹1500.00 , maturity value = ₹39000.00 and number of terms is 24 months, the rate of interest per annum =
(i)
6.00%
(ii)
9.00%
(iii)
8.00%
(iv)
10.00%
(v)
7.00%
Question
23
23.
A person deposited ₹1800.00 in a bank for 16 months under a Recurring Deposit Scheme. If the person received ₹29208.00 at the time of maturity, find the rate of interest per annum.
(i)
3.00%
(ii)
2.00%
(iii)
4.00%
(iv)
0.00%
(v)
1.00%
Question
24
24.
In a Recurring Deposit Scheme, if principal = ₹1500.00 , maturity value = ₹50231.25 and number of terms is 30 months, the rate of interest per annum =
(i)
11.00%
(ii)
8.00%
(iii)
10.00%
(iv)
9.00%
(v)
7.00%
Question
25
25.
A person deposits ₹2000.00 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 ₹45850.00 at the time of maturity, find the number of months for which the account was held.
(i)
21
(ii)
18
(iii)
16
(iv)
26
(v)
24
Assignment Key
1) (i)
2) (v)
3) (iv)
4) (ii)
5) (iv)
6) (ii)
7) (iii)
8) (iv)
9) (i)
10) (iv)
11) (iii)
12) (iv)
13) (iv)
14) (i)
15) (v)
16) (iv)
17) (i)
18) (v)
19) (iv)
20) (ii)
21) (iii)
22) (iii)
23) (ii)
24) (iv)
25) (i)
