Samacheer Kalvi 7th Maths Solutions Term 3 Chapter 2 Percentage and Simple Interest Ex 2.4

Samacheer Kalvi 7th Maths Solutions Term 3 Chapter 2 Percentage and Simple Interest Ex 2.4

Tamilnadu Samacheer Kalvi 7th Maths Solutions Term 3 Chapter 2 Percentage and Simple Interest Ex 2.4

Question 1.
Find the simple interest on ₹ 35,000 at 9% per annum for 2 years?
Solution:

Question 3.
Sheela has paid simple interest on a certain sum for 4 years at 9.5% per annum is ₹ 21,280. Find the sum.
Solution:
Let the Principal be ₹ P
Rate of interest r = 9.5% per annum
Time (n) = 4 years
Simple Interest I = Pnr/100
Given I = ₹ 21,280

Question 5.
In What time will ₹ 16,500 amount to ₹ 22,935 at 13% per annum?
Solution:
Rate of interest r = 13% per annum
Here Amount A = ₹ 22,935
Principal P = ₹ 16,500
A = P + I
22935 = 16,500 + I
∴ Interest I = 22935 – 16,500 = ₹ 6,435
Simple Interest I = pnr/100

Objective Type Questions

Question 9.
The interest for a principle of? 4,500 which gives an amount of? 5,000 at end of certain period is
(i) ₹ 500
(ii) ₹ 200
(iii) 20%
(iv) 15%
Hint: Interest = Amount – Principle = ₹ 5000 – ₹ 4500 = ₹ 500
Answer:
(i) ₹ 500

Question 10.
Which among the following is the simple interest for the principle of ₹ 1,000 for one year at the rate of 10% interest per annum?
(i) ₹ 200
(ii) ₹ 10
(iii) ₹ 100
(iv) ₹ 1,000
Hint: Intrest = pnr/100 = 1000×1×10/100 = ₹ 100
Answer:
(iii) ₹ 100

Question 11.
Which among the following rate of interest yields an interest of ₹ 200 for the principle of ₹ 2,000 for one year.
(i) 10%
(ii) 20%
(iii) 5%
(iv) 15%
Hint: r = I×100/P×n = 200×100/2000×1 = 10 %
Answer:
(i) 10%