6th Standard Maths Practice Set 35 Answers Chapter 14 Banks and Simple Interest
Question 1
Maharashtra Board Solution
At a rate of 10 p.c.p.a., what would be the interest for one year on Rs 6000?
Solution & Step-by-Step Answer:
Principal Amount = Rs 6000 Rate of Interest = 10 p.c.p.a. Let interest on principal Rs 6000 be Rs x. By taking ratio of the interest to the principal for both, we obtain an equation x 10 ∴ The interest for one year is Rs 600.
Question 2
Maharashtra Board Solution
Mahesh deposited Rs 8650 in a bank at a rate of 6 p.c.p.a. How much money will he get at the end of the year in all?
Solution & Step-by-Step Answer:
Principal Amount = Rs 8650 Rate of interest = 6 p.c.p.a. Let interest on principal Rs 8650 be Rs x By taking ratio of the interest to the principal for both, we obtain an equation ∴ Amount received at the end of the year = Principal amount + Interest = Rs 8650 + Rs 519 = Rs 9169 ∴ Mahesh will get Rs 9169 at the end of the year.
Question 3
Maharashtra Board Solution
Ahmad Chacha borrowed Rs 25,000 at 12 p.c.p.a. for a year. What amount will he have to return to the bank at the end of the year?
Solution & Step-by-Step Answer:
Principal Amount = Rs 25,000 Rate of interest = 12 p.c.p.a. Let interest on principal Rs 25,000 be Rs x By taking ratio of the interest to the principal for both, we obtain an equation Amount to be returned to the bank at the end of the year = Principal Amount + Interest = Rs 25,000 + Rs 3,000 = Rs 28,000 Ahmad Chacha has to return Rs 28,000 to the bank at the end of the year.
Question 4
Maharashtra Board Solution
Kisanrao wanted to make a pond in his field. He borrowed Rs 35,250 from a bank at an interest rate of 6 p.c.p.a. How much interest will he have to pay to the bank at the end of the year?
Solution & Step-by-Step Answer:
Principal Amount = Rs 35,250 Rate of interest = 6 p.c.p.a. Let interest on principal Rs 35,250 be Rs x By taking ratio of the interest to the principal for both, we obtain an equation ∴ Kisanrao will have to pay an interest of Rs 2115 to the bank at the end of the year.
Maharashtra Board Class 6 Maths Chapter 14 Banks and Simple Interest Practice Set 35 Intext Questions and Activities
Question 1
Maharashtra Board Solution
Study the figure given below and answer the following questions (Textbook pg. no. 74)
Solution & Step-by-Step Answer:
Question 2
Maharashtra Board Solution
Visit the Bank (Textbook pg. no. 74)
Solution & Step-by-Step Answer:
(Students should attempt this activity with the help of their teacher/parents.)
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