Mayank deposited Rs. 1400 in a bank at the rate of 10% per annum. Draw a linear graph which shows the relationship between time and the interest earned by Mayank. [4 MARKS]

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Solution

Concept: 2 Marks
Graph: 2 Marks

Money deposited by Mayank in bank = Rs. 1400

Rate of interest of bank = 10%

Interest he got for 1 year is

$= (\frac{10}{100}) \times 1400 = R s . 140$

Table for relationship between time and the interest earned by Mayank.

$\begin{matrix} T i m e (i n y e a r s) & 1 & 2 & 3 I n t e r e s t (i n R s) & 140 & 280 & 420 \end{matrix}$

The graph for relationship between time and the interest is given below:

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