Class 7 RS Aggarwal Chapter-12 Simple Interest Solutions - Free PDF Download
FAQs on RS Aggarwal Class 7 Solutions Chapter-12 Simple Interest
1. Explain the first type of problem that students encounter in chapter 12 Simple Interest of class 7 Maths.
The first type of Question in the 12 A exercise are questions in which the students have to calculate the payable amount on a specific time and rate of interest.
Example problem:
Mr K takes a loan from a bank for Rs 10,000, which lends the money at a 10% rate of interest. What is the total amount due on Mr K to the bank after 5 years:
To get the total amount due on Mr K, let us first calculate the Simple Interest which is,
\[\mathrm{S.I = \frac{P\times R\times T}{100} = \frac{10000\times 10\times 5}{100} = 5000}\]
Total Amount payable after 5 years = P + S.I = 20,000 + 5,000 = 25,000
2. How many exercises are there in Chapter 12 Simple Interest of class 7?
Chapter 12 Simple Interest of RS Aggarwal of class 7, has only two exercises, exercise 12 A and 12 B. Exercise 12 A contains 25 and 12 B contains 12 questions. Solutions to all of these exercise questions are available in the RS Aggarwal class 7 maths solutions for chapter 12 (Simple Interest) is provided by the Vedantu. Vedantu is one of the largest online platforms to prepare for various exams. We provide these solutions to students free of cost for them to study easily.
3. Explain simple interest and some real-life examples from chapter 12 of class 7 RS Aggarwal Maths?
Simple Interest is the method of calculating the payable amount of interest on a given capital (Principal) in a specific amount of time. In real life, SImple interest applies in small-term loans like car loans and personal loans.
The formula to calculate the simple Interest is written below -
Simple Interest = \[\mathrm{S.I = \frac{P\times R\times T}{100}}\] or (Principal rate of interest time taken) / 100
Students can get a better understanding of such concepts by using various reference books or by referring to the study material provided by Vedantu.
4. What are the benefits of RS Aggarwal Maths Solutions of Class 8 Chapter 17?
Benefits a student can get by referring to the RS Aggrawal maths solution of class 8 are-
All the solutions provided in the PDF is created by the subject experts at Vedantu. These solutions are created with the intent to make the student’s preparation journey a tad easier.
Test papers are also solved at the end of these solutions for students to better practice for the examination.
For the sake of the convenience of the students, these solutions are made available in a free-to-download PDF.
5. List the formulas used in chapter 12 of class 7 RS Aggarwal Maths book?
Only three major formulas are included in this chapter 12 Simple Interest of RS Aggarwal of class 7.
Formula to calculate the simple interest on an amount in a certain period, only if the interest rate is given
\[\mathrm{S.I = \frac{P\times R\times T}{100}}\]
Formula to calculate the same Interest rate but if the time is given in months and interest rate is given annually.
\[\mathrm{S.I = \frac{P\times R\times T}{100\times 12}}\]
To calculate the payable amount on an amount, after a certain period of time the formula used is written below.
Total amount = Principal amount + Simple Interest
