1
Question
A bank gives 10% interest on the deposite by the ladies. Draw a graph showing the relation between the amount deposited and the simple interest earned by the ladies. Find the investment one has to make an interest of ₹70.
Sum Deposited (in ₹) 100 200 300 500 1000 Simple interest (in ₹) 10 20 30 50 100
A bank gives 10% interest on the deposite by the ladies. Draw a graph showing the relation between the amount deposited and the simple interest earned by the ladies. Find the investment one has to make an interest of ₹70.
| Sum Deposited (in ₹) | 100 | 200 | 300 | 500 | 1000 |
| Simple interest (in ₹) | 10 | 20 | 30 | 50 | 100 |
Open in App
Solution
The correct option is A ₹700
Among the given data the simple interest obtained is dependent on the sum deposited. So, 'Simple Interset' will be the dependent variable and 'Sum Deposited' is independent variable.
On graph dependent variables are represented on Y-axis and indepoedent variable on X-axis. So the given table can be represented as: (100,10), (200, 20), (300, 30), (500, 50), (1000, 100).
Now, on plotting the points obtained graph is :
From the graph, we observe that:
₹700 has to to be invested to get an interest of ₹70
Among the given data the simple interest obtained is dependent on the sum deposited. So, 'Simple Interset' will be the dependent variable and 'Sum Deposited' is independent variable.
On graph dependent variables are represented on Y-axis and indepoedent variable on X-axis. So the given table can be represented as: (100,10), (200, 20), (300, 30), (500, 50), (1000, 100).
Now, on plotting the points obtained graph is :
From the graph, we observe that:
₹700 has to to be invested to get an interest of ₹70
Suggest Corrections
18
Similar questions