A bank gives 10% S.I on deposits for senior citizens. Draw the graph for the relation between the sum deposited and the interest earned in one year. Hence, find

(i) The interest on the deposit of Rs. 650

(ii) The amount to be deposited to earn an interest of Rs. 45.

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Solution

Consider the following table

$\begin{matrix} D e p o s i t (x - a x i s) & 100 & 200 & 300 & 400 & 500 & 600 S . I e a r n e d (y - a x i s) & 10 & 20 & 30 & 40 & 50 & 60 \end{matrix}$

(i)The interest on the deposit of Rs.650 is Rs.65.

(ii) The amount to be deposited to earn an interest of Rs. 45 is Rs.450

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Similar questions

Q. A bank gives

10

% S.I. (Simple Interest) on deposits for senior citizens. Draw the graph of the relation between the sum deposited and the interest earned for one year.
Hence find
i) The interest on the deposit of

R s . 650

.
ii) The amount to be deposited to earn an interest of

R s . 45

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A bank gives 10% S.I on deposits for senior citizens. Draw the graph for the relation between the sum deposited and the interest earned in one year. Hence, find (i) The interest on the deposit of Rs. 650 (ii) The amount to be deposited to earn an interest of Rs. 45.

Consider the following table Deposit(x −axis)100200300400500600S.I earned (y −axis)102030405060 (i)The interest on the deposit of Rs.650 is Rs.65. (ii) The amount to be deposited to earn an interest of Rs. 45 is Rs.450

A bank gives 10% S.I on deposits for senior citizens. Draw the graph for the relation between the sum deposited and the interest earned in one year. Hence, find

(i) The interest on the deposit of Rs. 650

(ii) The amount to be deposited to earn an interest of Rs. 45.