Vanishree Singh
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Find the amount to be paid at the end of 3 years in each case: (a) Principal = ₹1,200 at 12% p.a. (b) Principal = ₹ 7,500 at 5% p.a.

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NCERT Solutions for Class 7 Mathematics Chapter 8
Important NCERT Questions
Class vii Math Chapter 8 Comparing Quantities Exercise 8.3
NCERT Books for Session 2022-2023
CBSE Board
Questions No: 9

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1 Answer

  1. (a) Here, Principal (P) = ₹1,200, Rate (R) = 12% p.a., Time (T) = 3 years
    Simple Interest = PXRXT/100 = 1200 X 12 X 3/100
    = ₹ 432
    Now, Amount = Principal + Simple Interest
    = ₹1200 + ₹432
    = ₹1,632

    (b) Here, Principal (P) = ₹7,500, Rate (R) = 5% p.a., Time (T) = 3 years
    Simple Interest = PXRXT/10 = 7500x5x3/100
    = .1,125
    Now, Amount = Principal + Simple Interest
    = ₹7,500 + ₹1,125
    = ₹ 8,625

    lass 7 Maths Chapter 8 Exercise 8.3

    for more answers vist to:
    https://www.tiwariacademy.com/ncert-solutions/class-7/maths/chapter-8/

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