Practice Set 40 Class 7 | Std 7 Maths| Banks and Simple Interest| Maharashtra Board

This Video explains Chapter 10: Banks and Simple Interest- Practice Set 40 of Standard 7 for Maharashtra State Board. Following questions of MSB Std 7 Maths PS 40 - Banks and Simple Interest have been explained in the video: Question 1. If Rihanna deposits Rs 1500 in the school fund at 9 p.c.p.a for 2 years, what is the total amount she will get? Question 2. Jethalal took a housing loan of Rs 2,50,000 from a bank at 10 p.c.p.a. for 5 years. What is the yearly interest he must pay and the total amount he returns to the bank? Question 3. Shrikant deposited Rs 85,000 for 2 1/2 years at 7 p.c.p.a. in a savings bank account. What is the total interest he received at the end of the period? Question 4. At a certain rate of interest, the interest after 4 years on Rs 5000 principal is Rs 1200. What would be the interest on Rs 15000 at the same rate of interest for the same period? Question 5. If Pankaj deposits Rs 1,50,000 in a bank at 10 p.c.p.a. for two years, what is the total amount he will get from the bank? Chapter 10 Banks and Simple Interest Practice Set 40 Class 7 Maths Lesson 10 Banks and Simple Interest Class 7 Maths Practice Set 40