Class 10 ICSE Maths Banking Boards Questions
Here we provide Class 10 Maths important notes,board questions and predicted questions with Answers for chapter Banking. These important notes,board questions and predicted questions are based on ICSE board curriculum and correspond to the most recent Class 10 Maths syllabus. By practising these Class 10 materials, students will be able to quickly review all of the ideas covered in the chapter and prepare for the Class 10 Board examinations.
2016
Q1
Mohan has a recurring deposit account in a bank for 2 years at 6% p.a. simple interest. If he gets
Rs. 1200 as interest at the time of maturity, find:
(i) the monthly installment (ii) the amount of maturity
solutions
(i) the monthly installment (ii) the amount of maturity
solutions
2017
Q2
Mr. Richard has a recurring deposit account in a bank for 3 years at 7.5% p. a. simple interest. If
he gets Rs. 8325 as interest at the time of maturity, find
(i) The monthly deposit (ii) The maturity value
solutions
(i) The monthly deposit (ii) The maturity value
solutions
2018
Q3
Sonia had a recurring deposit account in a bank and deposited Rs. 600 per month for 2.5
years. If the rate of interest was 10% p.a., find the maturity value of this account.
solutions
solutions
Q4
Priyanka has a recurring deposit account of Rs. 1000 per month at 10% per annum. If she gets Rs.
5550 as interest at the time of maturity, find the total time for which the account was held.
solutions
solutions
2019
Q5
Rekha opened a recurring deposit account for 20 months. The rate of interest is 9% per annum and
Rekha receives Rs. 441 as interest at the time of maturity. Find the amount Rekha deposited each
month.
solutions
solutions
2020
Q6
Mr. Bedi visits the market and buys the following articles:
Medicines costing Rs. 950, GST @ 5%
A pair of shoes costing Rs. 3000, GST @ 18%
A Laptop bag costing Rs. 1000 with a discount of 30%, GST @ 18%.
(i) Calculate the total amount of GST paid.
(ii) The total bill amount including GST paid by Mr. Bedi.
solutions
Medicines costing Rs. 950, GST @ 5%
A pair of shoes costing Rs. 3000, GST @ 18%
A Laptop bag costing Rs. 1000 with a discount of 30%, GST @ 18%.
(i) Calculate the total amount of GST paid.
(ii) The total bill amount including GST paid by Mr. Bedi.
solutions
Q7
Mr. Sonu has a recurring deposit account and deposits Rs. 750 per month for 2 years. If he gets Rs.
19125 at the time of maturity, find the rate of interest.
solutions
solutions
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