ICSE Class 7 Mathematics Chapter 10 Selina Concise Solutions - Free PDF Download
FAQs on Concise Mathematics Class 7 ICSE Solutions for Chapter 10 - Simple Interest
1. Do I need to practice all the questions of Chapter 10- Simple Interest in Selina Concise Solutions for Class 7?
Selina Concise Solutions provides questions in all formats ranging from easy to tough and you should solve all of them as a part of your practice regime. This will help you understand what kind of questions can come from Chapter 10- Simple Interest. It will also help you remember the formulas for calculating Simple Interest. Vedantu also provides a step-by-step solution to the questions given in Selina Concise Solutions for Class 7. You can easily cross-check your answers, step by step to know where you went wrong, and rework accordingly.
2. How can I download Vedantu free learning material for Chapter 10- Simple Interest in Selina Concise Solutions for Class 7?
Free learning material is provided by Vedantu for Chapter 10- Simple Interest in Selina Concise Solutions for Class 7. It has all the important definitions, formulas, and everything that you need to remember from the textbook. It also explains the chapter in detail. Simply download the PDF and enjoy free access to the problems along with their detailed solutions. After downloading it, you will also be able to access it online. Try to solve all the problems, it will help you gain more clarity on the topic.
3. What is Simple Interest as explained in Class 7 chapter 10 of ICSE Maths?
S.I. abbreviated for Simple Interest is the quickest and easiest method to calculate interest on a loan or a borrowing, for a given time. It is calculated by multiplying the Principal Amount i.e. Loan Amount with the rate of interest charged with the time for which the loan is given. So the formula comes out to be;
S.I. = \[{P}\times{R}\times{T}\].
For example, Rs 10,000 is the loan amount, it is taken at 10% for 12 months. Simple Interest will be calculated as follows:
\[{10,000}\times {\frac{10}{100}}\times {12}\] = 12000.
4. According to chapter 10 of ICSE Class 7 Maths, what is the formula for calculating Simple Interest?
The formula for calculating Simple Interest is, multiplying the Principal Amount into the rate of interest on the Principal or borrowed amount into the time for which the loan is taken.
S.I. = \[P (Principal Amount) \times Rate of Interest ({\frac{r}{100}}) \times Time \] for which the loan is taken.
For example, A problem question states that A took Rs 20,000 as a loan from B for 12 months at the rate of 10% p.a. Calculate Simple Interest
Here, SI = \[{20,000}\times {\frac{10}{100}}\times {12}\] = 24000.
5. Do I have to pay to access the video tutorial for Chapter 10- Simple Interest in Selina Concise Solutions for Class 7?
Vedantu provides all the learning material, videos, revision notes, sample papers with solutions, test exercises, etc free of cost. Although, students can also enroll for a batch for which a minimal subscription fee has to be paid. There, you are assigned a mentor and your progress is monitored. However, if you just wish to see the video tutorial for Chapter 10- Simple Interest in Selina Concise Solutions for Class 7, it’s available for free on Vedantu. You can watch it as many times as you want.