# RS Aggarwal Solutions Class 7 Maths Chapter 12 Simple Interest (Updated For 2021-22) RS Aggarwal Solutions Class 7 Maths Chapter 12 Simple Interest: You must start your Class 8 Maths exam preparation by studying the RS Aggarwal Solutions Class 7 Maths. Be it class assignments or exam preparation, RS Aggarwal Solutions Class 7 Maths Chapter 12 Simple Interest is the best option for you. All the solutions are preparaed by the subject matter experts and are very credible.

## Download RS Aggarwal Solutions Class 7 Maths Chapter 12 Simple Interest PDF

RS Aggarwal Solutions Class 7 Maths Chapter 12 Simple Interest

## RS Aggarwal Solutions Class 7 Maths Chapter 12 Simple Interest – Overview

In this chapter, you will build a strong foundation on simple interest so that the students can deal with further complex topics meritoriously. The money borrowed is the principal & the additional money paid by the borrower is the interest.

The total money paid by the borrower to the lender is the amount. These topics are covered in this chapter along with some word problems.

• In the first exercise, you will learn about the simple interest, will do word problems of simple interest, how to calculate simple interest, & more. The topics will be principal, interest, amount, and rate.
• The second exercise includes objective type questions. It includes all the topics that assist the students to analyze their knowledge about the whole chapter.

### Important Topics

• You will study the simple interest that is very helpful in formulating puzzles and problems. You will learn that money has a current value in the present which is called the present value and another value in the future is called the future value.
• Therefore, it costs to borrow or loan some money and vice-versa. If a person invests money in a time deposit, he/she earns money. This amount is called interest. They will get to know about the principal, interest, amount, & rate in detail. The formula of Simple interest is as follow:

Simple Interest = (P × R × T) ÷ 100

Amount = SI + P

A = {(P × R × T) ÷ 100} + P

Where

SI: Simple interest

A: Amount/Future value

P: Principal amount

R: Rate of interest per annum

T: Time in years

## RS Aggarwal Solutions Class 7 Maths Chapter 12 Simple Interest – Important Exercise

RS Aggarwal Solutions Class 7 Maths Chapter 12 Ex 12.1

RS Aggarwal Solutions Class 7 Maths Chapter 12 Ex 12.2

This is the complete blog on RS Aggarwal Solutions Class 7 Maths Chapter 12 Simple Interest. To know more about the CBSE Class 7 Maths exam, ask in the comments.

## FAQs on RS Aggarwal Solutions Class 7 Maths Chapter 12 Simple Interest

### What is the number of exercises in RS Aggarwal Solutions Class 7 Maths Chapter 12?

There are 2 exercises in this chapter.

### What is explained in RS Aggarwal Solutions Class 7 Maths Chapter 12 Ex 12.1?

In the first exercise, you will learn about simple interest, will do word problems of simple interest, how to calculate simple interest, & more. The topics will be principal, interest, amount, and rate.

### What is the formula for Simple Interest?

Simple Interest = (P × R × T) ÷ 100

Amount = SI + P