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) Haritha makes a deposit of rupees 22388 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
2) Pavi makes a deposit of rupees 18436 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
3) Nandini makes a deposit of rupees 25589 in a bank for 3 years. If the rate of interest is 3% per annum,find the maturity value.
Answer:_______________ |
4) Tamilselvi makes a deposit of rupees 35217 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.
Answer:_______________ |
5) Indra makes a deposit of rupees 22998 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
6) Nandini makes a deposit of rupees 29337 in a bank for 2 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
7) Jeevini makes a deposit of rupees 34650 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.
Answer:_______________ |
8) Keerthi makes a deposit of rupees 35698 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
9) Ponnalagu makes a deposit of rupees 17916 in a bank for 2 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
10) Nandini makes a deposit of rupees 39520 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
1) Haritha makes a deposit of rupees 22388 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 25970 SOLUTION 1 : Given : Principal deposited P = n = 4 r = 4% Interest =(Pnr)÷100 = (22388 x 4 x 4)÷100 = 358208÷100 = Maturity value after 4 years = 22388+3582.08 = |
2) Pavi makes a deposit of rupees 18436 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 21386 SOLUTION 1 : Given : Principal deposited P = n = 4 r = 4% Interest =(Pnr)÷100 = (18436 x 4 x 4)÷100 = 294976÷100 = Maturity value after 4 years = 18436+2949.76 = |
3) Nandini makes a deposit of rupees 25589 in a bank for 3 years. If the rate of interest is 3% per annum,find the maturity value. Answer: 27892 SOLUTION 1 : Given : Principal deposited P = n = 3 r = 3% Interest =(Pnr)÷100 = (25589 x 3 x 3)÷100 = 230301÷100 = Maturity value after 3 years = 25589+2303.01 = |
4) Tamilselvi makes a deposit of rupees 35217 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value. Answer: 36626 SOLUTION 1 : Given : Principal deposited P = n = 2 r = 2% Interest =(Pnr)÷100 = (35217 x 2 x 2)÷100 = 140868÷100 = Maturity value after 2 years = 35217+1408.68 = |
5) Indra makes a deposit of rupees 22998 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 26678 SOLUTION 1 : Given : Principal deposited P = n = 4 r = 4% Interest =(Pnr)÷100 = (22998 x 4 x 4)÷100 = 367968÷100 = Maturity value after 4 years = 22998+3679.68 = |
6) Nandini makes a deposit of rupees 29337 in a bank for 2 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 31684 SOLUTION 1 : Given : Principal deposited P = n = 2 r = 4% Interest =(Pnr)÷100 = (29337 x 2 x 4)÷100 = 234696÷100 = Maturity value after 2 years = 29337+2346.96 = |
7) Jeevini makes a deposit of rupees 34650 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value. Answer: 36729 SOLUTION 1 : Given : Principal deposited P = n = 3 r = 2% Interest =(Pnr)÷100 = (34650 x 3 x 2)÷100 = 207900÷100 = Maturity value after 3 years = 34650+2079 = |
8) Keerthi makes a deposit of rupees 35698 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 41410 SOLUTION 1 : Given : Principal deposited P = n = 4 r = 4% Interest =(Pnr)÷100 = (35698 x 4 x 4)÷100 = 571168÷100 = Maturity value after 4 years = 35698+5711.68 = |
9) Ponnalagu makes a deposit of rupees 17916 in a bank for 2 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 19349 SOLUTION 1 : Given : Principal deposited P = n = 2 r = 4% Interest =(Pnr)÷100 = (17916 x 2 x 4)÷100 = 143328÷100 = Maturity value after 2 years = 17916+1433.28 = |
10) Nandini makes a deposit of rupees 39520 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 45843 SOLUTION 1 : Given : Principal deposited P = n = 4 r = 4% Interest =(Pnr)÷100 = (39520 x 4 x 4)÷100 = 632320÷100 = Maturity value after 4 years = 39520+6323.2 = |