MHSB - 6 - Maths :: Bank and simple interest

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Go To:MSCERT-Mathematics-Grade 6

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[Contributor - Kripa S]


Objective: Introduce what a Bank is, interest calculation in banks

Subtopics to be covered:

- How a bank works

- Define the terms rate of interest, pcpa, principal

- Interest formula, calculation of amount payment on principal

Learning Outcome:

- Students know how to calculate interest over principal deposited in bank

- They can solve word problems on banking and interest calculation


[Contributor - Kripa S]


https://www.youtube.com/watch?v=2U8pGXca6VU (simple interest)

https://www.youtube.com/watch?v=gDFAfZbnwQM (simple interest problems)

https://www.youtube.com/watch?v=BJhQyrYufG0 (Compound interest)

https://www.youtube.com/watch?v=kRFzrmzp7Jg (compound interest example)

[Contributor - Kripa S]


https://community.ekstep.in/preview/content/do_31217921324921651221216 (Video on bank interest) (Source: Ekstep)


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