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) Indra makes a deposit of rupees 37197 in a bank for 2 years. If the rate of interest is 3% per annum,find the maturity value.
Answer:_______________ |
2) Chithra makes a deposit of rupees 41419 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
3) Jeevini makes a deposit of rupees 34397 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.
Answer:_______________ |
4) Selvanayaki makes a deposit of rupees 10586 in a bank for 5 years. If the rate of interest is 4% per annum,find the maturity value.
Answer:_______________ |
5) Selvanayaki makes a deposit of rupees 47814 in a bank for 5 years. If the rate of interest is 2% per annum,find the maturity value.
Answer:_______________ |
6) Nandini makes a deposit of rupees 41194 in a bank for 5 years. If the rate of interest is 2% per annum,find the maturity value.
Answer:_______________ |
7) Tulasi makes a deposit of rupees 15463 in a bank for 5 years. If the rate of interest is 3% per annum,find the maturity value.
Answer:_______________ |
8) Tamilselvi makes a deposit of rupees 42685 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.
Answer:_______________ |
9) Keerthi makes a deposit of rupees 33440 in a bank for 3 years. If the rate of interest is 3% per annum,find the maturity value.
Answer:_______________ |
10) Ovini makes a deposit of rupees 29556 in a bank for 4 years. If the rate of interest is 3% per annum,find the maturity value.
Answer:_______________ |
1) Indra makes a deposit of rupees 37197 in a bank for 2 years. If the rate of interest is 3% per annum,find the maturity value. Answer: 39429 SOLUTION 1 : Given : Principal deposited P = 37197 n = 2 r = 3% Interest =(Pnr)÷100 = (37197 x 2 x 3)÷100 = 223182÷100 = 2231.82 Maturity value after 2 years = 37197+2231.82 = 39429 |
2) Chithra makes a deposit of rupees 41419 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 48046 SOLUTION 1 : Given : Principal deposited P = 41419 n = 4 r = 4% Interest =(Pnr)÷100 = (41419 x 4 x 4)÷100 = 662704÷100 = 6627.04 Maturity value after 4 years = 41419+6627.04 = 48046 |
3) Jeevini makes a deposit of rupees 34397 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value. Answer: 36461 SOLUTION 1 : Given : Principal deposited P = 34397 n = 3 r = 2% Interest =(Pnr)÷100 = (34397 x 3 x 2)÷100 = 206382÷100 = 2063.82 Maturity value after 3 years = 34397+2063.82 = 36461 |
4) Selvanayaki makes a deposit of rupees 10586 in a bank for 5 years. If the rate of interest is 4% per annum,find the maturity value. Answer: 12703 SOLUTION 1 : Given : Principal deposited P = 10586 n = 5 r = 4% Interest =(Pnr)÷100 = (10586 x 5 x 4)÷100 = 211720÷100 = 2117.2 Maturity value after 5 years = 10586+2117.2 = 12703 |
5) Selvanayaki makes a deposit of rupees 47814 in a bank for 5 years. If the rate of interest is 2% per annum,find the maturity value. Answer: 52595 SOLUTION 1 : Given : Principal deposited P = 47814 n = 5 r = 2% Interest =(Pnr)÷100 = (47814 x 5 x 2)÷100 = 478140÷100 = 4781.4 Maturity value after 5 years = 47814+4781.4 = 52595 |
6) Nandini makes a deposit of rupees 41194 in a bank for 5 years. If the rate of interest is 2% per annum,find the maturity value. Answer: 45313 SOLUTION 1 : Given : Principal deposited P = 41194 n = 5 r = 2% Interest =(Pnr)÷100 = (41194 x 5 x 2)÷100 = 411940÷100 = 4119.4 Maturity value after 5 years = 41194+4119.4 = 45313 |
7) Tulasi makes a deposit of rupees 15463 in a bank for 5 years. If the rate of interest is 3% per annum,find the maturity value. Answer: 17782 SOLUTION 1 : Given : Principal deposited P = 15463 n = 5 r = 3% Interest =(Pnr)÷100 = (15463 x 5 x 3)÷100 = 231945÷100 = 2319.45 Maturity value after 5 years = 15463+2319.45 = 17782 |
8) Tamilselvi makes a deposit of rupees 42685 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value. Answer: 45246 SOLUTION 1 : Given : Principal deposited P = 42685 n = 3 r = 2% Interest =(Pnr)÷100 = (42685 x 3 x 2)÷100 = 256110÷100 = 2561.1 Maturity value after 3 years = 42685+2561.1 = 45246 |
9) Keerthi makes a deposit of rupees 33440 in a bank for 3 years. If the rate of interest is 3% per annum,find the maturity value. Answer: 36450 SOLUTION 1 : Given : Principal deposited P = 33440 n = 3 r = 3% Interest =(Pnr)÷100 = (33440 x 3 x 3)÷100 = 300960÷100 = 3009.6 Maturity value after 3 years = 33440+3009.6 = 36450 |
10) Ovini makes a deposit of rupees 29556 in a bank for 4 years. If the rate of interest is 3% per annum,find the maturity value. Answer: 33103 SOLUTION 1 : Given : Principal deposited P = 29556 n = 4 r = 3% Interest =(Pnr)÷100 = (29556 x 4 x 3)÷100 = 354672÷100 = 3546.72 Maturity value after 4 years = 29556+3546.72 = 33103 |