Banking – Class X ICSE Maths MCQs

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This is the first set of questions on Banking. I hope you are now prepared for the exam and confident about your success.  I have already uploaded MCQs on the full syllabus, the link is given below.

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Solutions of MCQs of Banking are given below

 

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                 MCQ               Class 10            Mathematics

Banking (Set 1)
Banking (Set 2)
GST
Linear Inequations (Set 1)
Linear Inequations (Set 2)
Quadratic Equations
Factorization
Ratio and Proportion
Matrices
Arithmetic Progression (A.P.)
Similarity (Set 1)
Similarity (Set 2)
 Reflection
Section Formula
 Straight Lines
 Probability
Circle (Set 1)
Circle (Set 2)
Mock Question Paper for Semester 1 (2021) ICSE Class X Mathematics
ICSE Class X – Specimen Question Paper released by CISCE for Semester 1 (2021) – Mathematics

 

          MCQ         Class 10      Physics

Sound

 

 

            Formula             Mathematics

Formula and Theorems for Class X
Class XI Formula Trigonometry
Inverse Trigonometric Functions – Class 12
 
Differentiation and Limits for Class 11 and 12
 
Integration for Class 11 and 12
 
 Linear Regression – Class 12- ISC
CBSE    Class 12   NCERT Solutions    Mathematics
 Inverse Trigonometric Functions
Determinants – Chapter 4
Determinants Chapter 4 Exercise 4.1 and 4.2
Determinants Chapter 4 Exercise 4.3 and 4.4
Determinants – Chapter 4 – Exercise 4.5
Determinants – Chapter 4 – Exercise Miscellaneous
Continuity and Differentiability – Chapter 5 – Exercise 5.2
Continuity and Differentiability – Chapter 5 – Exercise 5.3
Continuity and Differentiability – Chapter 5 – Exercise 5.4
Continuity and Differentiability – Chapter 5 – Exercise 5.5
Continuity and Differentiability – Chapter 5 – Exercise 5.6
Continuity and Differentiability – Chapter 5 – Exercise 5.7
Integrals – Chapter 7 – Exercise 7.1
Integrals – Chapter 7 – Exercise 7.2
Integrals – Chapter 7 – Exercise 7.3
Integrals – Chapter 7- Exercise 7.4

 

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                   ISC              Class 12                   Mathematics

Previous Years Board Questions Solutions of Previous years Board Questions
Inverse Trigonometric Functions (2000 to Sem 1-2021) Inverse Trigonometric Functions (2000 to Sem 1-2021)
Matrices (2000 to Sem 1 – 2021) Matrices (2000 to Sem 1-2021)
Determinants (2000 to Sem1-2021) Determinants (2000 to Sem1-2021)
Differentiation (2000 to Sem 1- 2021) Differentiation (2000 to Sem 1- 2021)
L’ Hospital’s Rule (2001 to Sem1-2021)
L’ Hospital’s Rule (2001 to Sem1-2021)
Rolle’s Theorem and Lagrange’s Mean Value Theorem (1998 to 2020) Rolle’s Theorem and Lagrange’s Mean Value Theorems (1998 to 2020)
Maxima and Minima (2000 to Sem 1-2021) Maxima and Minima (2000 to Sem 1 – 2021)
Integration (1990 – 2011) Integration (1990 – 2011)
Integration (2012 to 2022) Integration (2012 to 2022)
Differential Equations (1991 to 2005) Differential Equations (1991 to 2005)
Differential Equations (2006 to 2022) Differential Equations (2006 to 2022)
Probability (Addition and Multiplication Theorem-Conditional Probability) (1993 to 2022) Probability (Addition and Multiplication Theorem, Conditional Probability) (1993 to 2022)
Probability (Baye’s Theorem) (2000 to Sem 2-2022) Probability (Baye’s Theorem) (2000 to Sem 2-2022)
Probability (Probability distribution and Binomial distribution) (1992 to 2020) Probability (Probability distribution and Binomial distribution) (1992 to 2020)
Application of Calculus in Commerce and Economics (2005 to Sem 1-2021) Application of Calculus in Commerce and Economics (2005 to Sem 1-2021)
Linear Programming (2008 to Sem 2-2022) Linear Programming (2008 to 2022)
Linear Regression (2005 to 2022)
 
                MCQ              Class 12         Mathematics

Relations and Functions
Inverse Trigonometric Functions
Matrices
Determinants
Continuity and Differentiability
Tangents and Normals
Maxima and Minima
Increasing and Decreasing Functions
Application of Calculus in Commerce and Economics (Set I)
Application of Calculus in Commerce and Economics (Set II)
Integration MCQs (Set 1)
 Integration MCQs (Set 2)
Specimen Paper for Semester 1 – 2021 – ISC – Class XII Mathematics
Linear Regression
ISC   –   Class 12  –  Mathematics  –  Sem 2  –  2022  – Sample Paper

                            Sample Paper 1
                            Sample Paper 2
ISC – Class 12 –  Mathematics – Sem 1 – 2021 – Sample Paper

                         Specimen Paper
ISC- Class 12 – Mathematics – Sem 2 – 2022 – Chapterwise Questions

                      Differential Equations (Set 1)
                      Differential equations (Set 2)
                      Integration
                     Probability
                     Linear Programming (LPP)
ICSE – Class 10  -Mathematics   –     Sem 2  –    2022 – Sample Paper

                              Sample Paper 1                Solutions of Sample Paper 1
ICSE – Class 10 – Mathematics –  Sem 1-  2021 – Sample Paper

Mock Question Paper
Tapati’s Classes – Online LIVE  Maths Classes

Live Online Mathematics Tuition by Tapati Sarkar

Class 8 to 12 (ICSE, ISC)                  –       Two days per week

Contact: tapatisclasses@gmail.com 

 

                 MCQ               Class 10            Mathematics

Banking (Set 1)
Banking (Set 2)
GST
Linear Inequations (Set 1)
Linear Inequations (Set 2)
Quadratic Equations
Factorization
Ratio and Proportion
Matrices
Arithmetic Progression (A.P.)
Similarity (Set 1)
Similarity (Set 2)
 Reflection
Section Formula
 Straight Lines
 Probability
Circle (Set 1)
Circle (Set 2)
Mock Question Paper for Semester 1 (2021) ICSE Class X Mathematics
ICSE Class X – Specimen Question Paper released by CISCE for Semester 1 (2021) – Mathematics

 

          MCQ         Class 10      Physics

Sound

 

 

            Formula             Mathematics

Formula and Theorems for Class X
Class XI Formula Trigonometry
Inverse Trigonometric Functions – Class 12
 
Differentiation and Limits for Class 11 and 12
 
Integration for Class 11 and 12
 
 Linear Regression – Class 12- ISC

 

     ISC / ICSE  Board Paper

ISC  – Class 12 – 2020 – Mathematics Question Paper
ISC –  Class 12 – 2019 –  Mathematics Question Paper
ISC Class 12 Semester 1- 2021 Mathematics Question Paper with Solution
ISC – Class 12 – Semester 2-2022 Mathematics Question Paper with Solution
ICSE – Class 10 – 2020- Mathematics Question Paper 
ICSE – Class 10 – 2019 – Mathematics Question Paper
ICSE – Class 10 – 2018 – Mathematics Question Paper
ICSE – Class 10 – 2019 – Physics Question Paper
ICSE – Class 10 – 2018 – Physics Question Paper 
ICSE – Class 10 -2020- Mathematics Question PaperSolutions

 

Tapati’s Classes – Online LIVE  Maths Classes

Live Online Mathematics Tuition by Tapati Sarkar

Class 8 to 12 (ICSE, ISC)     –          Two days per week

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                                          Solutions 

Question:   Hitambar gets ₹ 6260 at the end of one year at the rate

of 8% per annum in a recurring deposit account. The monthly

installment paid by him is 

  • (a)    ₹ 200
  • (b)    ₹ 250
  • (c)     ₹ 500
  • (d)    ₹ 560

Solutions:   Maturity amount = ₹ 6260, n = 12,  r = 8% , let money deposited per month = ₹ P

as maturity amount = P × n + P × {n(n+1) / (2 ×12)} × (r / 100) 

                  6260 = P × 12 + P × {(12 × 13) / (2 × 12) } × (8/ 100) 

⇒  6260 = 12 P + 0.52 P 

⇒  6260 = 12.52 P

⇒  P = 500

  Money deposited per month = ₹ 500 

Option (c) 

Question:    Amit deposited ₹ 80 per month in a cumulative

deposit account for five years. The amount payable to him on

maturity, if the rate of interest is 6% per annum, is 

  • (a)  ₹ 732
  • (b)  ₹ 5532
  • (c)  ₹ 4800
  • (d)  none of these

Solution:   P = ₹ 80,   n= 60,  r = 6%

Total money deposited = P n = ₹ 80 × 6o = ₹ 4800

Interest = I = P × {n(n+1) / (2 ×12) } × (r / 100)

= ₹ 80 × {(60 × 61) / (2 × 12)} × (6 / 100)

=  ₹ 732

Amount on maturity = ₹ 4800 + ₹ 732 = ₹ 5532

Option (b) 

Question: A recurring deposit account of ₹ 500 per month has a maturity

value of ₹ 9570. If the rate of interest is 8% per annum and interest is

calculated at the end of every month; the time in months of this

Recurring Deposit account is held:

  • (a)  12
  • (b)  18
  • (c)  24
  • (d)  30

Solution:  P = ₹ 500,    Amount on maturity  = ₹ 9570,   r = 8%

Maturity amount = total money deposited + interest earned

⇒    9570 = 500 n + 500 × {n (n+1) / (2 × 12)} × (8 / 100) 

⇒    9570 = 500 n +  {5 × n (n+1) } / 3

⇒  1914 =  100 n + (n² + n) / 3          (dividing each term by 5)

⇒   5742 = 300 n + n² + n                  (multiplying each term by 3)

⇒    n² + 301 n − 5742 = 0 

⇒   n² + 319 n − 18 n − 5742 = 0 

⇒   n( n + 319) − 18 (n + 319) = 0 

⇒   (n + 319) (n − 18) = 0 

⇒  n = − 319 (not possible),    n = 18

Option (b) 

Question:  Aryan opened a recurring deposit account in a bank.

He deposited ₹ 2500 per month for two years. At the time of

maturity, he got ₹ 67500. The rate of interest per annum is :

  • (a)  10%
  • (b)  8%
  • (c)  12%
  • (d)  6%

Solution:  P = ₹ 2500,  n = 24, amount on maturity = ₹ 67500

Let rate of interest per annum be r%

Total money deposited = ₹ 2500 × 24 = ₹ 60, 000

Interest earned = I = amount on maturity − total money deposited

= ₹ 67500 − ₹ 60000 = ₹ 7500  

  As   I = P × n × (n + 1) / (2 × 12)  × (r / 100)

⇒    7500 = 2500 ×  {(24 × 25) / (2 × 12) } × (r / 100) 

  ⇒  7500 =  25 × 25 × r 

  ⇒  r =  7500 / (25 × 25) = 12 

∴ rate of interest per annum is 12% 

Option (c)

Question: Anuja deposits ₹ 200 per month in a recurring deposit

account at 9% per annum and earned a total interest of ₹ 1764.

No of installments that she paid:

  • (a)  12
  • (b)  24
  • (c)  36
  • (d)  48

Solution:   P = ₹ 200,   r = 9%,   I = ₹ 1764

Let no of instalments be n 

As    I = P × {n(n + 1) / (2 × 12) } × (r / 100) 

⇒    1764 = 200 ×{ (n² + n) / (2 × 12) } × (9 / 100) 

⇒    1764 =  (n² + n) × 3 / 4 

⇒  n² + n = (1764 × 4) / 3

⇒  n² + n − 2352 = 0 

⇒   n² + 49 n − 48 n − 2352 = 0

⇒ n(n + 49) − 48(n + 49) = 0 

⇒  (n + 49) (n − 48) = 0 

⇒ n = − 49 (not possible) or  n = 48

∴    no of instalments = 48 

Option (d) 

Question:  Tushar has a recurring deposit account of ₹ 200 per

month for a period of 2 years at the rate of 7% per annum.

The amount that Tushar will receive at the time of maturity is:

  • (a)  ₹ 3000
  • (b)  ₹ 3500
  • (c)   ₹ 5150
  • (d)   none of these

Solution:  P = ₹ 200,  n = 24,  r = 7%,  

   Total money deposited = P × n = ₹ 200 × 24 = ₹ 4800

Interest earned =  ₹ 200 × {(24 × 25) / (2 × 12) } × (7 / 100)

= ₹ 350 

Amount on maturity = ₹ 4800  + ₹ 350 = ₹ 5150

Option (c) 
ICSE – Class 10  -Mathematics   –     Sem 2  –    2022 – Sample Paper

                              Sample Paper 1                Solutions of Sample Paper 1
ICSE – Class 10 – Mathematics –  Sem 1-  2021 – Sample Paper

Mock Question Paper

 

                 MCQ               Class 10            Mathematics

Banking (Set 1)
Banking (Set 2)
GST
Linear Inequations (Set 1)
Linear Inequations (Set 2)
Quadratic Equations
Ratio and Proportion
Matrices
Arithmetic Progression (A.P.)
Similarity (Set 1)
Similarity (Set 2)
 Reflection
Section Formula
 Straight Lines
 Probability
Circle (Set 1)
Circle (Set 2)
Mock Question Paper for Semester 1 (2021) ICSE Class X Mathematics
ICSE Class X – Specimen Question Paper released by CISCE for Semester 1 (2021) – Mathematics

 

          MCQ         Class 10      Physics

Sound

 

 

            Formula             Mathematics

Formula and Theorems for Class X
Class XI Formula Trigonometry
Inverse Trigonometric Functions – Class 12
 
Differentiation and Limits for Class 11 and 12
 
Integration for Class 11 and 12
 
 Linear Regression – Class 12- ISC

 

     ISC / ICSE  Board Paper

ISC  – Class 12 – 2020 – Mathematics Question Paper
ISC –  Class 12 – 2019 –  Mathematics Question Paper
ICSE – Class 10 – 2020- Mathematics Question Paper 
ICSE – Class 10 – 2019 – Mathematics Question Paper
ICSE – Class 10 – 2018 – Mathematics Question Paper
ICSE – Class 10 – 2019 – Physics Question Paper
ICSE – Class 10 – 2018 – Physics Question Paper 
ICSE – Class 10 -2020- Mathematics Question PaperSolutions

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