Difference between revisions of "MHSB - 7 - Maths :: Bank and simple interest"

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Revision as of 02:05, 11 October 2017

Go To:MSCERT-Mathematics-Grade 7

[edit]

[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]


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

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


[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]

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