R. D. Sharma Solutions for Chapter: Simple Interest, Exercise 1: EXERCISE

Author:R. D. Sharma

R. D. Sharma Mathematics Solutions for Exercise - R. D. Sharma Solutions for Chapter: Simple Interest, Exercise 1: EXERCISE

Attempt the free practice questions on Chapter 13: Simple Interest, Exercise 1: EXERCISE with hints and solutions to strengthen your understanding. Mathematics for Class 7 solutions are prepared by Experienced Embibe Experts.

Questions from R. D. Sharma Solutions for Chapter: Simple Interest, Exercise 1: EXERCISE with Hints & Solutions

MEDIUM
7th CBSE
IMPORTANT

Anita deposits  1000 in a savings bank account. The bank pays interest at the rate of 5% per annum. What amount can Anita get after 1 year?

MEDIUM
7th CBSE
IMPORTANT

Nalini borrowed  550 from her friend at 8% per annum. She returned the amount after six months. How much did she pay?

MEDIUM
7th CBSE
IMPORTANT

Rohit borrowed  60000 from a bank at 9% per annum for 2 years. He lent this sum of money to Rohan at 10% per annum for 2 years. If Rohit earns k from this transaction, find the value of k.

MEDIUM
7th CBSE
IMPORTANT

Romesh borrowed  2000 at 2% per annum and  1000 at 5%% per annum. He cleared his debt after 2 years by giving  2800 and a watch. What is the cost of watch?

HARD
7th CBSE
IMPORTANT

Mr. Garg lent  15000 to his friend. He charged 15% per annum on  12500 and 18% on the rest. How much interest does he earn in 3 years?

MEDIUM
7th CBSE
IMPORTANT

Shikha deposited  2000 in a bank which pays 6% simple interest. She withdrew  700 at the end of first year. What will be her balance after 3 years?

MEDIUM
7th CBSE
IMPORTANT

Reema took a loan of  8000 from a money lender, who charged interest at the rate of 18% per annum. After 2 years, Reema paid him  10400 and wrist watch to clear the debt. What is the price of the watch?

MEDIUM
7th CBSE
IMPORTANT

Mr Sharma deposited  20000 as a fixed deposit in a bank at 10% per annum. If 30% is deducted as income tax on the interest earned, find his annual income.