P(

ax t+s
=a ^{2 )=P(
ax (x-r }+bx t)P
(
2x 2 + )(x- +c s)
2 b s
+4 x+ )
x- c=
4 0
=0

Mathematics
 P(
ax t+s
=a ^{2 )=P(
ax (x-r }+bx t)P
(
2x 2 + )(x- +c s)
2 b s
+4 x+ )
x- c=
4 0
=0

Mathematics
 MATHEMATICS (51)
BIFURCATED SYLLABUS
(As per the Reduced Syllabus for ICSE - Class X Year 2022 Examination)

SEMESTER 1 SEMESTER 2
(Marks: 40) (Marks: 40)

UNIT NAME OF THE NAME OF THE UNIT NAME OF NAME OF THE

NO. UNIT SUB-UNIT NO. THE UNIT SUB-UNIT

1. Commercial 2. Algebra (vii) Co-ordinate

Mathematics Geometry
(Complete Unit)

2. Algebra (i) Linear 3. Geometry (b) Circles

Inequations
(ii) Quadratic
Equations in
one variable
(iii) Ratio and
Proportion
(iv) Factorisation
of
polynomials
(v) Matrices
(vi) Arithmetic
Progression

3. Geometry (a) Similarity 4. Mensuration

(Complete Unit)

5. Trigonometry
(Complete Unit)

6. Statistics
(Complete Unit)

7. Probability
(Complete Unit)
 COMMERCIAL MATHEMATICS
1. Goods and Services Tax (GST) 1-7
2. Banking 8-14

3. Shares and Dividends 15-21

ALGEBRA

4. Linear Inequations 22-27

5. Quadratic Equations in One Variable 28-43

6. Factorisation 44-48

7. Ratio and Proportion 49-59

8. Matrices 60-71

9. Arithmetic and Geometric Progressions 72-89

COORDINATE GEOMETRY

10. Reflection 90-94

11. Section Formula 95-118

12. Equations of a Straight Line 119-129

GEOMETRY

13. Similarity 130-142

14. Locus 143-151

15. Circles 152-165

16. Constructions 166-172

MENSURATION

17. Surface Area and Volume 173-188

TRIGONOMETRY

18. Trigonometric Identities 189-212

19. Trigonometrical Tables 213-215

20. Heights and Distances 216-225

21. Measures of Central Tendency 226-240

PROBABILITY

22. Probability 241-248

Specimen Paper Semester-I 2022 (Solved) 249-254

 GOODS AND SERVICES TAX (GST)
C HAPTER

MULTIPLE CHOICE QUESTIONS

A retailer purchases a fan for `1500 from a wholesaler and sells it to a consumer at 10% profit. If the
sales are intra-state and the rate of GST is 12%, then choose the correct answer from the given four
options for questions 1 to 6 :
1. The selling price of the fan by the retailer (excluding tax) is
(a) `1500 (b) `1650 (c) `1848 (d) `1800
Sol. Cost price of fan for retailer = `1500
given profit% = 10%

 10 
 Selling price of fan by the retailer = C.P. + 10% of C.P. = Rs. 1500   1500  =`1650
 100 
 Ans.(b)
2. The selling price of the fan including tax (under GST) by the retailer is
(a) `1650 (b) `1800 (c) `1848 (d) `1830
Sol. Given GST (rate) = 12%
 12 
 GST = 12% of S.P. =   1650  = `198
100 
Thus, the required selling price of an (fan) including tax by the retailer (under GST)
= S.P. + GST = `(1650 + 198) = `1848
 Ans. (c)
3. The tax (under GST) paid by the wholesaler to the Central Government is
(a) `90 (b) `9 (c) `99 (d) `180
Sol. The tax (under GST) paid by wholesaler to Central Government
 6  1
= 6% of `1500 =   1500  = `90 [ SGST = CGST =  rate of GST = 6%]
100  2
Ans. (a)
4. The tax (under GST) paid by the retailer to the State Government is
(a) `99 (b) `9 (c) `18 (d) `198

 6 
Sol. Amount of input SGST of the retailer = 6% of `1500 =   1500  = `90
100 
Since the retailer sells the article to the consumer at 10% profit.
 10 
 S.P. of article = 1500   1500  = `1650

100

ArunDeep’s ICSE Mathematics 1 MCQs-10

  6 
 Amount of output SGST of the retailer = 6% of `1650 =   1650  = `99
100 
 Amount of tax (under GST) paid by retailer to State Government = Output SGST – Input SGST
= (99 – 90) = `9Ans. (b)
5. The tax (under GST) received by the Central Government is
(a) `18 (b) `198 (c) `90 (d) 99
Sol. Amount of CGST paid by the retailer = Output CGST – Input CGST
= `(99 – 90) = `9 [ CGST = SGST]
Thus, amount of tax (under GST) received by Central Government
= CGST paid by distributor + CGST paid by retailer
= (6% of `1500) + 9 = 90 + 9 = `99
 Ans. (d)
6. The cost of the fan to the consumer inclusive of tax is
(a) `1650 (b) `1800 (c) `1830 (d) `1848
Sol. Here selling price of fan = `1650

 12 
GST on fan = 12% of `1650 =   1650  = `198
 100 
Thus, cost of a fan to the consumer inclusive of tax = `(1650 + 198) = `1848  Ans. (d)
7. A shopkeeper bought a TV from a distributor at a discount of 25% of the listed price of `32000.
The shopkeeper sells the TV to a consumer at the listed price. If the sales are intra-state and the
rate of GST is 18%, then choose the correct answer from the given four options for questions 7
to 11. The selling price of the TV including tax (under GST) by the distributor is
(a) `32000 (b) `24000 (c) `28320 (d) `26160
Sol. Given listed price of T.V. by the distributor = `32000 rate of discount = 25%

 25 
 Discount for shopkeeper =   32000  = `8000
 100 
Thus, C.P. of T.V. for shopkeeper or S.P. of T.V. for distributor = `(32000 – 8000) = `24,000,
Rate of GST = 18%
 Rate of SGST = Rate of CGST = 9%
[in case of Intra-state]
It is given that S.P. of T.V. for shopkeeper `32,000

 GST = 18% of `24000 = Rs.  

18
 24000  = `4320
 100 
Thus S.P. of T.V. including Tax (under GST) by the distributor = `(24000 + 4320) = `28320
 Ans. (c)

ArunDeep’s ICSE Mathematics 2 MCQs-10

 8. The tax (under GST) paid by the distributor to the State Government is
(a) `4320 (b) `2160 (c) `2880 (d) `720
Sol.  Tax (under GST) paid by distributor to the State Government = SGST = 9% of `24000
 9 
=   24000  = `2160
100 
 Ans. (b)
9. The tax (under GST) paid by the shopkeeper to the Central Government is
(a) `720 (b) `1440 (c) `2880 (d) `2160
Sol. Amount of input CGST by the shopkeeper
CGST = `2160; SGST = 2160
Amount of GST collected by the shopkeeper or paid by the consumer = 18% of (32000)
 18 
=   32000  = `5760
100 
5760
 SGST = = `2880 = CGST
2
 Amount of CGST paid by shopkeeper to Central Government = Output CGST – Input CGST
= (2880 – 2160) = `720
 Ans. (a)
10. The tax (under GST) received by the State Government is
(a) `5760 (b) `4320 (c) `1440 (d) `2880
Sol. Amount of SGST paid by distributor to state government = 9% of 24000 = `2160
Amount of SGST paid by shopkeeper to state government = `720
 Total tax (under GST) received by State Government = `2160 + `720 = `2880
 Ans. (d)
11. The price including tax (under GST) of the TV paid by the consumer is
(a) `28320 (b) `37760 (c) `34880 (d) `32000
Sol. Given S.P. of T.V. for consumer = `32,000

 18 
GST = 18% of `32000 = `   32000  = `5760
100 
 Price (including tax) under GST of the T.V. paid by consumer = `32,000 + `5760 = `37760
 Ans. (b)
12. A retailer buys an article at a discount of 15% on the printed price from a wholesaler. He marks up
the price by 10% on the printed price but due to competition in the market, he allows a discount of
5% on the marked price to a buyer. If the rate of GST is 12% and the buyer pays `468.16 for the
article inclusive of tax (under GST). Then the printed price of the article.
(a) `400 (b) `600 (c) `580 (d) `200

ArunDeep’s ICSE Mathematics 3 MCQs-10

Sol. Let the printed price of the article = `x
15 x
Discount given by wholesaler = 15% of `x =
100

15 x 85 x 17 x
 C.P. of article for retailer = x   =`
100 100 20

10 11x
It is given that retailer, marked the price of article = x + 10% of x = x  x
100 10

 11x  5 11x 11x

But discount given by retailer =  5% of =  =
10  100 10 200

11x 11x 220 x  11x 209 x

 C.P. of article for buyer =  = =
10 200 200 200
Given rate of GST = 12%
209 x 12 209 x
Thus, GST paid by buyer for an article = 12% of = 
200 100 200

209 x 12 209 x 209 x 112

 Buyer pays for the article inclusive of tax =   = 
200 100 200 200 100
also given buyer pays for article inclusive of tax = ` 468.16
209 x 112 46816  100  200
  = 468.16 x = = 400
200 100 100  112  209
Hence the printed price of article = `400  Ans (a)
13. The marked price of an article is `7500. A shopkeeper buys the article from a wholesaler at some
discount and sells it to a consumer at the marked price. The sales are intra-state and the rate of
GST is 12%. If the shopkeeper pays `90 as tax (under GST) to the State Government. Then the
rate of discount.
(a) 25% (b) 29% (c) 20% (d) 23%
Sol. Given marked price of article = `7500
Let the required rate of discount given by wholesaler to shopkeeper be x%.

 x 
 Discount given by wholesaler = x% of 7500 = `   7500  = `75x
100 
Thus, C.P. of article for shopkeeper = `(7500 – 75x)
C.P. of article for consumer = `7500; Rate of GST = 12%
It is case of inter-state, rate of SGST = rate of CGST = 6% amount of GST paid by shopkeeper to
wholesaler
6
SGST = CGST = 6% of (7500 – 75x) = (7500  75 x)
100
ArunDeep’s ICSE Mathematics 4 MCQs-10
 Amount of input GST of shopkeeper
6
SGST = CGST = (7500  75 x)
100
amount of GST paid by consumer to shopkeeper

 6 
SGST = CGST = 6% of 7500 =   7500  `450
 100 
 amount of output GST of shopkeeper:
SGST = CGST = `450
Tax paid by shopkeeper to State Government = Output SGST – Input SGST
6 450
(given) 90 = 450 – (7500  75 x ) 90 = 450  (100  x)
100 100
450 9
 (100  x )  450  90  (100  x) = 360
100 2

360  2
 100 – x = x = 100 – 80 = 20
9
 rate of discount = 20%  Ans. (c)
14. Mukerjee purchased a movie camera for `25488, which includes 10% rebate on the list price and
18% tax (under GST) on the remaining price. Then the marked price of the camera.
(a) 24,000 (b) 20,000 (c) 26,000 (d) 28,000
Sol. Let the marked price of movie camera = `x
Given rate of rebate on M.P. = 10%

 x 9x
 C.P. of camera without GST = `(x – 10% of x) = `  x   = `
10 10
rate of GST = 18%
 9x  18 9 x
 amount of GST on C.P. = 18% of = 
10  100 10

9x  18  118 9 x
 C.P. of movie including GST = 1  = 
10  100  100 10
also C.P. of movie camera including all tax and rebate = `25488
118 9 x 25488  10  100
  = 25488 x = x = 24,000
100 10 9  118
Hence, the required marked price of movie camera = `24,000.
 Ans. (a)
ArunDeep’s ICSE Mathematics 5 MCQs-10
 15. Kiran purchases an article for `5310 which includes 10% rebate on the marked price and 18% tax
(under GST) on the remaining price. Then the marked price of the article be,
(a) `6000 (b) `4000 (c) `8000 (d) `5000
Sol. Let the marked price of an article = `x ; Rate of Rebate on the M.P. = 10%
10 90 9
 C.P. of an article = x – 10% of x = x  x= x x
100 100 10
Given Rate of GST = 18%
9 18 9
 Amount of GST on C.P. of an article = 18% of x=  x
10 100 10

9 x  18 9 x  9x  18  118 9 x
 Total C.P. of an article =    = 1   =  (Including GST)
10  100 10  10  100  100 10
Given C.P. of an article including tax = `5310

118 9 x 100 10
   5310  x = 5310   = 5000
100 10 118 9
Hence the required marked price of an article is `5000.  Ans. (d)
16. A shopkeeper buys an article whose list price is `8000 at some rate of discount from a wholesaler.
He sells the article to a consumer at the list price. The sales are intra-state and the rate of GST is
18%. If the shopkeeper pay a tax (under GST) of `72 to the State Government. Then the rate of
discount at which he bought the article from the wholesaler be,
(a) 5% (b) 10% (c) 15% (d) 20%
Sol. Given list price of an article = `8000
Let the rate of discount given by wholesaler = x%

 x 
 discount given by wholesaler = x% of `8000 =   8000  = `80x
100 
Thus, C.P. of article for shopkeeper = `(8000 – 80x)
Further given C.P. of article for consumer = `8000.
Since the sales are intra state and rate of GST = 18%
 CGST = SGST = 9%
amount of GST paid by shopkeeper to wholesaler :
9
SGST = CGST = 9% of `(8000 – 80x) = (8000 – 80x)
100
9
 amount of input GST of shopkeeper : CGST = SGST = (8000 – 80x)
100
amount of GST paid by consumer to shopkeeper:

 9 
CGST = SGST = 9% of 8000 =   8000  = `720
100 
ArunDeep’s ICSE Mathematics 6 MCQs-10
  Amount of output GST of shopkeeper :CGST = SGST = `720
Thus, tax paid by shopkeeper to State Government = output SGST – Input SGST
9
= 720  (8000 – 80x)
100
Also tax paid by shopkeeper to State Government = `72
9  80 720 72
 72 = 720 – (100  x ) 720 – 72 = (100  x)  648 = (100  x )
100 100 10
648  10
 100 – x =  90  x = 100 – 90 = 10
72
 Required rate of discount = 10%  Ans. (b)
17. A shopkeeper buys an article from a wholesaler for `2000 and sells it to a consumer at 10% profit.
If the rate of GST is 12%. Then the tax liability of the shopkeeper is,
(a) `240 (b) `280 (c) `300 (d) `320
Sol. Marked price of an article = `2000
Rate of GST = 12%
 Amount of GST paid by the shopkeeper i.e. CGST and SGST = 6% of `2000 = `120
 Total GST paid by shopkeeper = `120 + `120 = `240
 Ans. (a)

ArunDeep’s ICSE Mathematics 7 MCQs-10

 C HAPTER
BANKING
MULTIPLE CHOICE QUESTIONS
1
1. If Sharukh opened a recurring deposit account in a bank and deposited `800 per month for 1
2
years, then the total money deposited in the account is
(a) `11400 (b) `14400 (c) `13680 (d) none of these
Sol. Monthly deposit = `800
1
Period (n) = 1 years = 18 months
2
 Total money deposit = `800 × 18 = `14400  Ans. (b)
2. Mrs. Asha Mehta deposit `250 per month for one year in a bank's recurring deposit account. If
the rate of (simple) interest is 8% per annum, then the interest earned by her on this account is
(a) `65 (b) `120 (c) `130 (d) `260
Sol. Deposit per month (P) = `250
Period (n) = 1 year = 12 months
Rate (r) = 8% p.a.
P  n  (n  1) r 250  12  13 8
 Interest = × = × = `130  Ans. (c)
2  12 100 2  12 100
3. Mr. Sharma deposited `500 every month in a cumulative deposit account for 2 years. If the bank
pays interest at the rate of 7% per annum, then the amount he gets on maturity is
(a) `875 (b) `6875 (c) `10875 (d) `12875
Sol. Deposit (P) = `500 per month
Period (n) = 2 years = 24 months
Rate (r) = 7% p.a.

P  n  (n  1) r 500  24  25  7
 Interest = × = = `875
2  12 100 2  12  100
 Maturity value = P × 24 + Interest = `500 × 24 + 875 = `12000 × 875 = `12875  Ans. (d)

1
4. John deposited `400 every month in a bank's recurring deposit account for 2 years. If he gets
2
`1085 as interest at the time of maturity, then the rate of interest per annum is
(a) 6% (b) 7% (c) 8% (d) 9%
1
Sol. Deposit (P) = `400 per month; Period (n) = 2 years = 30 months; Interest = `1085
2
Let r% be the rate of interest
ArunDeep’s ICSE Mathematics 8 MCQs-10
 P  n  (n  1) r
 Interest = ×
2  12 100
400  30  31  r 1085
 1085 = `  1085 = 155r  r= =7
2  12  100 155
 Rate 7% p.a.  Ans. (b)
5. Mr. Dhruv deposits `600 per month in a recurring deposit account for 5 years at the rate of 10%
per annum (simple interest). Then the amount he will receive at the time of maturity be,
(a) `45,120 (b) `45,230 (c) `45,150 (d) `45,200
Sol. Deposit per month = `600
Rate of interest = 10% p.a.
Period (n) = 5 years 60 months.
n ( n  1) 60 ( 60  1) 600 × 60 × 61
Total principal for one month = `600 × = ` 600 × =`
2 2 2
= `1098000
prt 1098000 ×10 ×1
Interest   = `9150
100 100 ×12
 Amount of maturity = `600 × 60 + `9150 = `36000 + `9150 = `45150  Ans. (c)
6. Ankita started paying `400 per month in a 3 years recurring deposit. After six months her
1
brother Anshul started paying `500 per month in a 2 years recurring deposit. The bank paid
2
10% p.a. simple interest for both. At maturity who will get more money and by how much?
(a) Ankita, `315 (b) Anshul, `310 (c) Anshul `317.50 (d) Ankita `320
Sol. In case of Ankita,
Deposit per month = `400
Period (n) = 3 years = 36 months
Rate of interest = 10%
n ( n  1) 36 (36  1) 400×36×37
 Total principal for one month = 400 × = 400 × =` = `266400
2 2 2
prt 266400 ×10 × 1
Interest   = `2220
100 100 ×12
 Amount of maturity = `400 × 36 + `2220 = `14400 + `2220 = `16620
In case of Anshul,
Deposit p.m. = `500
Rate of interest = 10%
1
Period (n)  2 years = 30 months
2
n ( n  1) 30 (30  1) 500×30×31
 Total principal for one month = `500 × = 500 × =` = `232500
2 2 2
ArunDeep’s ICSE Mathematics 9 MCQs-10
 232500 ×10 × 1
Interest  = `1937·50
100 ×12
Amount of maturity = `500 × 30 + `1937·50 = `15000 + `1937·50 = `16937·50
At maturity Anshul will get more amount
Difference = `16937·50 – `16620·00 = `317·50
 Ans. (c)
7. Shilpa has a 4 year recurring deposit account in Bank of Maharashtra and deposits `800 per
month. If she gets `48200 at the time of maturity. Then (i) the rate of simple interest, (ii) the
total interest earned by Shilpa
(a) 12.5%, `9800 (b) 10%, `10,000 (c) 12%, `9500 (d) 15%, `12,000
Sol. Deposit per month (P) = `800
Amount of maturity = `48200
Period (n) = 4 years = 48 months
Let rate of interest be R% p.a.

P(n) (n  1) 800  48  ( 48  1) 800  48  49

Total principal for one month = = =` = `940800
2 2 2
Total deposit = `800 × 48 = `38400
and amount of maturity = `48200
 Interest earned = `48200 – `38400 = `9800

S.I.  100 9800  100  12

(i)  Rate of interest = = = 12.5%
PT 940800  1
(ii) Total interest earned by Shilpa = `9800  Ans. (a)
1
8. Mr. Chaturvedi has a recurring deposit account in Grindlay’s Bank for 4 years at 11% p.a.
2
(simple interest). If he gets `101418·75 at the time of maturity. Then the monthly instalment be,
(a) `1000 (b) `1500 (c) `2000 (d) `2500
Sol. Let each monthly instalment = ` x
Rate of interest = 11%
1
Period (n)  4 years or 54 months
2
n ( n  1) 54 (54  1) 54 × 55
 Total principal for one month = ` x × =`x×  x× = 1485x
2 2 2

1485x ×11×1
Interest  = 13·6125x
100 ×12
 Total amount of maturity = 54x + 13·6125x = 67·6125x

ArunDeep’s ICSE Mathematics 10 MCQs-10

  67·6125x = 101418·75
101418. 75
x = `1500
67. 6125
 Deposit per month = `1500  Ans. (b)
9. Rajiv Bhardwaj has a recurring deposit account in a bank of `600 per month. If the bank pays
simple interest of 7% p.a. and he gets `15450 as maturity amount. Then the total time for which
the account was held :
(a) 12 months, 1 year (b) 6 months, 1/2 year
(c) 36 months, 3 years (d) 24 months, 2 years
Sol. Deposit during the month (P) = `600
Rate of interest = 7% p.a.
Amount of maturity = `15450
Let time = n months

P(n ) (n  1) 600  n ( n  1) 600 ( n 2  n)

 Total principal = = = = 300 (n2 + n)
2 2 2

PRT 300(n 2  n)  7  1 7
 Interest = = = (n2 + n)
100 100  12 4

7 2
 600n + (n + n) = 15450
4
 2400n + 7n2 + 7n = 61800  7n2 + 2407n – 61800 = 0
 7n2 – 168n + 2575n – 61800 = 0  7n (n – 24) + 2575 (n – 24) = 0
 (n – 24) (7n + 2575) = 0
Either n – 24 = 0, then n = 24 or 7n + 2575 = 0, then
2575
7n = –2575  n =
7
Which is not possible being negative.
 n = 24
 Period = 24 months or 2 years
 Ans. (d)
10. Rekha opened a recurring deposit account for 20 months. The rate of interest is 9% per annum
and Rekha receives `441 as interest at the time of maturity. Find the amount Rekha deposited
each month.
(a) `280 (b) `340 (c) `380 (d) `400
Sol. n = 20 months; r % = 9%; I = 441
Let required amount deposited by Rekha each month = P

ArunDeep’s ICSE Mathematics 11 MCQs-10

 P  n  ( n  1)  r P  20  21  9
I   441 
2  12  100 2  12  100

P  20  21  9 441  2  12  100
 441   P= = ` 280
2  12  100 20  21  9
 Rekha deposited `280 each month.  Ans. (a)
11. Mr. R.K. Nair gets `6,455 at the end of one year at the rate of 14% per annum in a recurring
deposit account. Then the monthly instalment :
(a) `400 (b) `450 (c) `500 (d) `550
Sol. Let monthly instalment is ` P
Here n = 1 year = 12 months
 n = 12
nn  1 P  R
 M.V. = 2  12  100 + P..n

1212  1 P  14 13  P  7
 `6455 = × + P.12  `6455 =  P.12
2  12 100 100
91P  1200P
 `6455 =  `645500 = 1291 P
100
645500
 P= =`500  Ans. (d)
1291
12. Samita has a recurring deposit account in a bank of `2000 per month at the rate of 10% p.a. If
she gets `83100 at the time of maturity. Then the total time for which the account was held.
(a) 24 months, 2 years (b) 36 months, 3 years
(c) 12 months, 1 year (d) 48 months, 4 years
Sol. Deposit per month = `2000, Rate of interest = 10%,
Let period = n months
n ( n  1)
Then, Principal for one month = 2000 × = 1000 n (n + 1)
2

1000 n (n  1)  10  1 100 n ( n  1)
and interest = =
100  12 12
100 n ( n  1)
 Maturity value = 2000 × n +
12
100 n ( n  1)
 2000n + = 83100
12
 24000n + 100n2 + 100n = 83100 × 12  240 n + n2 + n = 831 × 12
 n2 + 241n – 9972 = 0  n2 + 277n – 36n – 9972 = 0
 n (n + 277) – 36 (n + 277) = 0  (n + 277) (n – 36) = 0
ArunDeep’s ICSE Mathematics 12 MCQs-10
 Either n + 277 = 0, then n = – 277, which is not possible.
or n – 36 = 0, then x = 36
 Period = 36 months or 3 years
 Ans. (b)

HOTS
1. Sneha opened a cumulative time deposit account with a bank and deposits ` 500 per month for
1
1 yr. If she receives ` 300 as interest, then find the rate of interest per annum.
4
(a) 6% (b) 8% (c) 7.5% (d) 10%
Sol. Given, number of instalments (n) = 15 months,
amount of each instalment (P) = ` 500
and interest (I) = ` 300
P rn (n  1)
Now, as I 
2400

 r
2400I 2400  300  Ans. (a)
  6%
Pn ( n  1) 500  15  16
2. Dinesh opened a Recurring Deposit Account with State Bank of India. He deposited ` 900 per
month at 7.5% per annum. He received ` 1687.5 as interest. Then, the time period of his deposit
will be
(a) 3 yr (b) 2 yr (c) 5 yr (d) 3.5 yr
Ans. Let the time period be T yr.
Then, T yr = 12 T months
 Interest received by him = ` 1687.5

900  7.5  12T  (12T  1)  P rn (n  1) 

  1687.5  I  2400 
2400 

9 (T) (12T  1) (7.5) 1687.5  2

  1687.5 T (12T + 1)   50
2 9  7.5
 12T2 + T – 50 = 0 12T2 – 24T + 25T – 50 = 0
 12 (T – 2) + 25 (T – 2) = 0 (12T + 25) (T – 2) = 0
 25
 T or 2 [ time cannot be negative]
12
 T = 2 yr  Ans. (b)
3. A Recurring Deposit Account of ` 1200 per month has a maturity value of ` 12440. If the rate of
interest is 8% and the interest is calculated at the end of every month, then find the time of this
Recurring Deposit Account.
(a) 10 months (b) 20 months (c) 30 months (d) 50 months

ArunDeep’s ICSE Mathematics 13 MCQs-10

  r (n  1) 
Ans. We have, MV  Pn 1 
 2400 

 8 (n  1)   2400  8n  8 
 12440  1200 n 1   12440  1200 n  
 2400   2400 
 24880 = 8n2 + 2408n n2 + 301n – 3110 = 0
 n = – 311 or 10 n = 10 months
 Ans. (a)
4. Vishal has a Recurring Deposit Account in a finance company for 1 yr at 8% per annum. If he
gets ` 9390 at the time of maturity, then how much amount per month has been invested by
Vishal ?
(a) ` 650 (b) ` 700 (c) ` 750 (d) ` 800

 r (n  1) 
Ans. We know that, MV  Pn 1 
 2400 

8  13   2400  104 
 9390  P  12 1    9390  P  12  
 2400   2400 

2504 9390  200

 9390  P   P
200 2504
 P = ` 750  Ans. (b)
5. Ravi deposited ` 400 per month in a Recurring Deposit Account for 2 yr at 9% per annum. Sonu
1
deposited ` 400 per month in a Recurring Deposit Account for 2 yr at 12% per annum. Which
2
of the following can be concluded about the interests to be paid to them on maturities of their
deposits?
(a) Ravi must be paid an interest of ` 860 less than that of Sonu
(b) Ravi must be paid an interest of ` 960 less than that of Sonu
(c) Ravi must be paid an interest of ` 916 less than that of Sonu
(d) Ravi must be paid an interest of ` 816 less than that of Sonu
P rn (n  1)
Sol. We know that, I 
2400
400  9  24  25
 Interest earned by Ravi  = ` 900
2400
400  12  30  31
and interest earned by Sonu  = ` 1860
2400
Hence, option (b) is correct.  Ans. (b)

ArunDeep’s ICSE Mathematics 14 MCQs-10

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