Scroll:Life mathematics >> profit and loss >> saq (4291)


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)  

 The number of students entrolled in a school is 1637. If the entrollement increases by 5 % every year , how many students will be there after 2 years


Answer:_______________




2)  

 The number of students entrolled in a school is 1757. If the entrollement increases by 2 % every year , how many students will be there after 4 years


Answer:_______________




3)  

 The number of students entrolled in a school is 2056. If the entrollement increases by 3 % every year , how many students will be there after 2 years


Answer:_______________




4)  

 The number of students entrolled in a school is 2154. If the entrollement increases by 2 % every year , how many students will be there after 4 years


Answer:_______________




5)  

 The number of students entrolled in a school is 2089. If the entrollement increases by 2 % every year , how many students will be there after 3 years


Answer:_______________




6)  

 The number of students entrolled in a school is 1140. If the entrollement increases by 4 % every year , how many students will be there after 2 years


Answer:_______________




7)  

 The number of students entrolled in a school is 2599. If the entrollement increases by 5 % every year , how many students will be there after 4 years


Answer:_______________




8)  

 The number of students entrolled in a school is 1328. If the entrollement increases by 3 % every year , how many students will be there after 4 years


Answer:_______________




9)  

 The number of students entrolled in a school is 2840. If the entrollement increases by 2 % every year , how many students will be there after 4 years


Answer:_______________




10)  

 The number of students entrolled in a school is 2940. If the entrollement increases by 4 % every year , how many students will be there after 4 years


Answer:_______________




 

1)  

 The number of students entrolled in a school is 1637. If the entrollement increases by 5 % every year , how many students will be there after 2 years

Answer: 1805


SOLUTION 1 :

Given:

P    =   1637

n     =2 years

 r     = 5%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1637[1+(5÷100)]{n1}

                       =1637[1+0.05]2

                       =  1637(1.05)2

                       =  1637 x 1.1025

                       = 1805

                        

 



2)  

 The number of students entrolled in a school is 1757. If the entrollement increases by 2 % every year , how many students will be there after 4 years

Answer: 1902


SOLUTION 1 :

Given:

P    =   1757

n     =4 years

 r     = 2%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1757[1+(2÷100)]{n1}

                       =1757[1+0.02]4

                       =  1757(1.02)4

                       =  1757 x 1.08243216

                       = 1902

                        

 



3)  

 The number of students entrolled in a school is 2056. If the entrollement increases by 3 % every year , how many students will be there after 2 years

Answer: 2181


SOLUTION 1 :

Given:

P    =   2056

n     =2 years

 r     = 3%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2056[1+(3÷100)]{n1}

                       =2056[1+0.03]2

                       =  2056(1.03)2

                       =  2056 x 1.0609

                       = 2181

                        

 



4)  

 The number of students entrolled in a school is 2154. If the entrollement increases by 2 % every year , how many students will be there after 4 years

Answer: 2332


SOLUTION 1 :

Given:

P    =   2154

n     =4 years

 r     = 2%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2154[1+(2÷100)]{n1}

                       =2154[1+0.02]4

                       =  2154(1.02)4

                       =  2154 x 1.08243216

                       = 2332

                        

 



5)  

 The number of students entrolled in a school is 2089. If the entrollement increases by 2 % every year , how many students will be there after 3 years

Answer: 2217


SOLUTION 1 :

Given:

P    =   2089

n     =3 years

 r     = 2%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2089[1+(2÷100)]{n1}

                       =2089[1+0.02]3

                       =  2089(1.02)3

                       =  2089 x 1.061208

                       = 2217

                        

 



6)  

 The number of students entrolled in a school is 1140. If the entrollement increases by 4 % every year , how many students will be there after 2 years

Answer: 1233


SOLUTION 1 :

Given:

P    =   1140

n     =2 years

 r     = 4%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1140[1+(4÷100)]{n1}

                       =1140[1+0.04]2

                       =  1140(1.04)2

                       =  1140 x 1.0816

                       = 1233

                        

 



7)  

 The number of students entrolled in a school is 2599. If the entrollement increases by 5 % every year , how many students will be there after 4 years

Answer: 3159


SOLUTION 1 :

Given:

P    =   2599

n     =4 years

 r     = 5%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2599[1+(5÷100)]{n1}

                       =2599[1+0.05]4

                       =  2599(1.05)4

                       =  2599 x 1.21550625

                       = 3159

                        

 



8)  

 The number of students entrolled in a school is 1328. If the entrollement increases by 3 % every year , how many students will be there after 4 years

Answer: 1495


SOLUTION 1 :

Given:

P    =   1328

n     =4 years

 r     = 3%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1328[1+(3÷100)]{n1}

                       =1328[1+0.03]4

                       =  1328(1.03)4

                       =  1328 x 1.12550881

                       = 1495

                        

 



9)  

 The number of students entrolled in a school is 2840. If the entrollement increases by 2 % every year , how many students will be there after 4 years

Answer: 3074


SOLUTION 1 :

Given:

P    =   2840

n     =4 years

 r     = 2%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2840[1+(2÷100)]{n1}

                       =2840[1+0.02]4

                       =  2840(1.02)4

                       =  2840 x 1.08243216

                       = 3074

                        

 



10)  

 The number of students entrolled in a school is 2940. If the entrollement increases by 4 % every year , how many students will be there after 4 years

Answer: 3439


SOLUTION 1 :

Given:

P    =   2940

n     =4 years

 r     = 4%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2940[1+(4÷100)]{n1}

                       =2940[1+0.04]4

                       =  2940(1.04)4

                       =  2940 x 1.16985856

                       = 3439