Written Instructions:
For each Multiple Choice Question (MCQ), four options are given. One of them is the correct answer. Make your choice (1,2,3 or 4). Write your answers in the brackets provided..
For each Short Answer Question(SAQ) and Long Answer Question(LAQ), write your answers in the blanks provided.
Leave your answers in the simplest form or correct to two decimal places.
1) Swathi makes a deposit of rupees 37926 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
2) Poongodi makes a deposit of rupees 20958 in a bank for 5 years. If the rate of interest is 2% per annum,find the maturity value.
Answer:_______________ |
3) Kumutha makes a deposit of rupees 39931 in a bank for 3 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
4) Ponnalagu makes a deposit of rupees 16336 in a bank for 4 years. If the rate of interest is 3% per annum,find the maturity value.
Answer:_______________ |
5) Amutha makes a deposit of rupees 39565 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
6) Haritha makes a deposit of rupees 15671 in a bank for 5 years. If the rate of interest is 3% per annum,find the maturity value.
Answer:_______________ |
7) Chellamal makes a deposit of rupees 44449 in a bank for 2 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
8) Tulasi makes a deposit of rupees 22546 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.
Answer:_______________ |
9) Selvanayaki makes a deposit of rupees 30501 in a bank for 3 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
10) Thamarai makes a deposit of rupees 47082 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.
Answer:_______________ |
1) Swathi makes a deposit of rupees 37926 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 43994 SOLUTION 1 : Given : Principal deposited P = n = 4 r = 4% Interest =(Pnr)÷100 = (37926 x 4 x 4)÷100 = 606816÷100 = Maturity value after 4 years = 37926+6068.16 = |
2) Poongodi makes a deposit of rupees 20958 in a bank for 5 years. If the rate of interest is 2% per annum,find the maturity value. Answer: 23054 SOLUTION 1 : Given : Principal deposited P = n = 5 r = 2% Interest =(Pnr)÷100 = (20958 x 5 x 2)÷100 = 209580÷100 = Maturity value after 5 years = 20958+2095.8 = |
3) Kumutha makes a deposit of rupees 39931 in a bank for 3 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 44723 SOLUTION 1 : Given : Principal deposited P = n = 3 r = 4% Interest =(Pnr)÷100 = (39931 x 3 x 4)÷100 = 479172÷100 = Maturity value after 3 years = 39931+4791.72 = |
4) Ponnalagu makes a deposit of rupees 16336 in a bank for 4 years. If the rate of interest is 3% per annum,find the maturity value. Answer: 18296 SOLUTION 1 : Given : Principal deposited P = n = 4 r = 3% Interest =(Pnr)÷100 = (16336 x 4 x 3)÷100 = 196032÷100 = Maturity value after 4 years = 16336+1960.32 = |
5) Amutha makes a deposit of rupees 39565 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 45895 SOLUTION 1 : Given : Principal deposited P = n = 4 r = 4% Interest =(Pnr)÷100 = (39565 x 4 x 4)÷100 = 633040÷100 = Maturity value after 4 years = 39565+6330.4 = |
6) Haritha makes a deposit of rupees 15671 in a bank for 5 years. If the rate of interest is 3% per annum,find the maturity value. Answer: 18022 SOLUTION 1 : Given : Principal deposited P = n = 5 r = 3% Interest =(Pnr)÷100 = (15671 x 5 x 3)÷100 = 235065÷100 = Maturity value after 5 years = 15671+2350.65 = |
7) Chellamal makes a deposit of rupees 44449 in a bank for 2 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 48005 SOLUTION 1 : Given : Principal deposited P = n = 2 r = 4% Interest =(Pnr)÷100 = (44449 x 2 x 4)÷100 = 355592÷100 = Maturity value after 2 years = 44449+3555.92 = |
8) Tulasi makes a deposit of rupees 22546 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value. Answer: 23899 SOLUTION 1 : Given : Principal deposited P = n = 3 r = 2% Interest =(Pnr)÷100 = (22546 x 3 x 2)÷100 = 135276÷100 = Maturity value after 3 years = 22546+1352.76 = |
9) Selvanayaki makes a deposit of rupees 30501 in a bank for 3 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 34161 SOLUTION 1 : Given : Principal deposited P = n = 3 r = 4% Interest =(Pnr)÷100 = (30501 x 3 x 4)÷100 = 366012÷100 = Maturity value after 3 years = 30501+3660.12 = |
10) Thamarai makes a deposit of rupees 47082 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value. Answer: 48965 SOLUTION 1 : Given : Principal deposited P = n = 2 r = 2% Interest =(Pnr)÷100 = (47082 x 2 x 2)÷100 = 188328÷100 = Maturity value after 2 years = 47082+1883.28 = |