Difference between revisions of "MHSB - 7 - Maths :: Bank and simple interest"
(→Activities) |
(→Activities) |
||
Line 58: | Line 58: | ||
=Activities= | =Activities= | ||
− | [ | + | [Contributors - Stuti Shah, Niya Nath] |
1. Ask students to form groups of 2. Ask each member to draw a note of a certain value above Rs. 50 and give it to their partner. Ask each student to then accept this note from their partner and calculate simple interest on it for 3 years, if the rate at which interest is equal to 6%. Write down this interest amount in a piece of paper and return it to their partner. | 1. Ask students to form groups of 2. Ask each member to draw a note of a certain value above Rs. 50 and give it to their partner. Ask each student to then accept this note from their partner and calculate simple interest on it for 3 years, if the rate at which interest is equal to 6%. Write down this interest amount in a piece of paper and return it to their partner. | ||
Line 64: | Line 64: | ||
2. Ask students to form groups of 4 and make mock plays, where two individuals are the customers, and 2 people are the bank employees. | 2. Ask students to form groups of 4 and make mock plays, where two individuals are the customers, and 2 people are the bank employees. | ||
The customers will state the principal, and the bank employees will state the rate. The time period is 5 years. Whichever team (employees or customers) calculates the interest first, wins. | The customers will state the principal, and the bank employees will state the rate. The time period is 5 years. Whichever team (employees or customers) calculates the interest first, wins. | ||
+ | |||
+ | 3. Divide the class into 3 small groups of 2 people each. Each group should represent a Bank (Bank A, Bank B and Bank C). Each member of the group chooses a designation like Manager and Clerk. Let the other students be the customers. Each customer should visit the Bank A, B and C and inquire about the services and various interest rates. At the end let the customers choose the Bank which offers the best services and lowest loan interest rates. | ||
=Additional Aids= | =Additional Aids= | ||
Line 77: | Line 79: | ||
=Transliteration= | =Transliteration= | ||
+ | {| class="wikitable" | ||
+ | |'''''Term'''''' || ''''''Transliterated Term'''''' || ''''''Translated Term'''''' | ||
+ | |- | ||
+ | |bank || बँक || बँक | ||
+ | |- | ||
+ | |account || अकाउंट || खाते | ||
+ | |- | ||
+ | |transaction || ट्रान्सआकशन || अर्थनियोजन | ||
+ | |- | ||
+ | |money || मनी || पैसे | ||
+ | |- | ||
+ | |current account || करंट अकाउंट || चालू खाते | ||
+ | |- | ||
+ | |savings account || सेविंग्स अकाउंट || बचत खाते | ||
+ | |- | ||
+ | |recurring deposit account || रेकररिंग डिपॉझिट अकाउंट || आवर्ती ठेव खाते | ||
+ | |- | ||
+ | |fixed deposit || फिक्स्ड अकाउंट || मुदत ठेव | ||
+ | |- | ||
+ | |depositer || डिपॉझिटर || ठेवीदार | ||
+ | |- | ||
+ | |debit card || डेबिट कार्ड || डेबिट कार्ड | ||
+ | |- | ||
+ | |credit card || क्रेडिट कार्ड || क्रेडिट कार्ड | ||
+ | |- | ||
+ | |bank passbook || बँक पासबुक || बँकेचे पासबुक | ||
+ | |- | ||
+ | |principal || प्रिंसिपल || मुद्दल | ||
+ | |- | ||
+ | |interest || इंटरेस्ट || व्याज | ||
+ | |- | ||
+ | |amount || अमाऊंट || रास | ||
+ | |- | ||
+ | |rate || रेट || व्याजाचा दर | ||
+ | |- | ||
+ | |||
+ | |} | ||
=Worksheets= | =Worksheets= |
Revision as of 05:36, 22 February 2018
Go To:MSCERT-Mathematics-Grade 7
- Lesson Plan
- Textbook
- Videos
- Images
- Activities
- Additional Aids
- Transliteration
- Worksheets
- Assessments
[Contributor - Kripa S]
Objective: Introduce different types of bank accounts, interest calculation in banks
Subtopics to be covered:
- Amount = Principal + Interest
- 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 (PNR/100)
- They can solve word problems on banking and interest calculation
[Contributor - Kripa S]
http://cart.ebalbharati.in/BalBooks/pdfs/701020004.pdf#page=78 (Marathi)
http://cart.ebalbharati.in/BalBooks/pdfs/703020004.pdf#page=78 (English)
[Contributor - Kripa S]
https://www.youtube.com/watch?v=2U8pGXca6VU (simple interest)
https://www.youtube.com/watch?v=gDFAfZbnwQM (simple interest problems)
[Contributor - Kripa S]
http://www.onemint.com/wp-content/uploads/2010/06/rising-interest-rates.jpg (bank interest)
https://www.handsonbanking.org/financial-education/wp-content/uploads/2012/11/TEENS_04_02_10_EN.jpg (interest from bank on deposit)
http://www.career90.com/images/uploads/1737161617_simple-interest.jpg (simple interest)
https://www.estoniancu.com/sites/default/files/chart1.png (simple vs compound interest)
[Contributors - Stuti Shah, Niya Nath]
1. Ask students to form groups of 2. Ask each member to draw a note of a certain value above Rs. 50 and give it to their partner. Ask each student to then accept this note from their partner and calculate simple interest on it for 3 years, if the rate at which interest is equal to 6%. Write down this interest amount in a piece of paper and return it to their partner.
2. Ask students to form groups of 4 and make mock plays, where two individuals are the customers, and 2 people are the bank employees. The customers will state the principal, and the bank employees will state the rate. The time period is 5 years. Whichever team (employees or customers) calculates the interest first, wins.
3. Divide the class into 3 small groups of 2 people each. Each group should represent a Bank (Bank A, Bank B and Bank C). Each member of the group chooses a designation like Manager and Clerk. Let the other students be the customers. Each customer should visit the Bank A, B and C and inquire about the services and various interest rates. At the end let the customers choose the Bank which offers the best services and lowest loan interest rates.
[Contributors - Kripa S, Niranjan Kadam]
https://community.ekstep.in/preview/content/do_31217921324921651221216 (Video on bank interest) (Source: Ekstep)
https://community.ekstep.in/preview/content/do_31217290885867110421425 (Video on Simple interest) (Source: Ekstep)
https://drive.google.com/open?id=0BzNF2YyqQxJ-UU9MVm1QMWdZSGM (Answer Key]
Term' | 'Transliterated Term' | 'Translated Term' |
bank | बँक | बँक |
account | अकाउंट | खाते |
transaction | ट्रान्सआकशन | अर्थनियोजन |
money | मनी | पैसे |
current account | करंट अकाउंट | चालू खाते |
savings account | सेविंग्स अकाउंट | बचत खाते |
recurring deposit account | रेकररिंग डिपॉझिट अकाउंट | आवर्ती ठेव खाते |
fixed deposit | फिक्स्ड अकाउंट | मुदत ठेव |
depositer | डिपॉझिटर | ठेवीदार |
debit card | डेबिट कार्ड | डेबिट कार्ड |
credit card | क्रेडिट कार्ड | क्रेडिट कार्ड |
bank passbook | बँक पासबुक | बँकेचे पासबुक |
principal | प्रिंसिपल | मुद्दल |
interest | इंटरेस्ट | व्याज |
amount | अमाऊंट | रास |
rate | रेट | व्याजाचा दर |
[Contributor - Niranjan Kadam]
https://drive.google.com/open?id=0BzNF2YyqQxJ-Wjg0R3NWbGhSQ3M
Enable comment auto-refresher