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 1886. If the entrollement increases by 2 % every year , how many students will be there after 4 years


Answer:_______________




2)  

 The number of students entrolled in a school is 2486. If the entrollement increases by 4 % every year , how many students will be there after 2 years


Answer:_______________




3)  

 The number of students entrolled in a school is 2801. If the entrollement increases by 5 % every year , how many students will be there after 3 years


Answer:_______________




4)  

 The number of students entrolled in a school is 1837. If the entrollement increases by 5 % every year , how many students will be there after 2 years


Answer:_______________




5)  

 The number of students entrolled in a school is 2593. If the entrollement increases by 4 % every year , how many students will be there after 2 years


Answer:_______________




6)  

 The number of students entrolled in a school is 2423. If the entrollement increases by 5 % every year , how many students will be there after 3 years


Answer:_______________




7)  

 The number of students entrolled in a school is 1988. If the entrollement increases by 2 % every year , how many students will be there after 4 years


Answer:_______________




8)  

 The number of students entrolled in a school is 1024. If the entrollement increases by 3 % every year , how many students will be there after 3 years


Answer:_______________




9)  

 The number of students entrolled in a school is 1425. If the entrollement increases by 4 % every year , how many students will be there after 4 years


Answer:_______________




10)  

 The number of students entrolled in a school is 1367. If the entrollement increases by 2 % every year , how many students will be there after 4 years


Answer:_______________




 

1)  

 The number of students entrolled in a school is 1886. If the entrollement increases by 2 % every year , how many students will be there after 4 years

Answer: 2041


SOLUTION 1 :

Given:

P    =   1886

n     =4 years

 r     = 2%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1886[1+(2÷100)]{n1}

                       =1886[1+0.02]4

                       =  1886(1.02)4

                       =  1886 x 1.08243216

                       = 2041

                        

 



2)  

 The number of students entrolled in a school is 2486. If the entrollement increases by 4 % every year , how many students will be there after 2 years

Answer: 2689


SOLUTION 1 :

Given:

P    =   2486

n     =2 years

 r     = 4%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2486[1+(4÷100)]{n1}

                       =2486[1+0.04]2

                       =  2486(1.04)2

                       =  2486 x 1.0816

                       = 2689

                        

 



3)  

 The number of students entrolled in a school is 2801. If the entrollement increases by 5 % every year , how many students will be there after 3 years

Answer: 3243


SOLUTION 1 :

Given:

P    =   2801

n     =3 years

 r     = 5%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2801[1+(5÷100)]{n1}

                       =2801[1+0.05]3

                       =  2801(1.05)3

                       =  2801 x 1.157625

                       = 3243

                        

 



4)  

 The number of students entrolled in a school is 1837. If the entrollement increases by 5 % every year , how many students will be there after 2 years

Answer: 2025


SOLUTION 1 :

Given:

P    =   1837

n     =2 years

 r     = 5%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1837[1+(5÷100)]{n1}

                       =1837[1+0.05]2

                       =  1837(1.05)2

                       =  1837 x 1.1025

                       = 2025

                        

 



5)  

 The number of students entrolled in a school is 2593. If the entrollement increases by 4 % every year , how many students will be there after 2 years

Answer: 2805


SOLUTION 1 :

Given:

P    =   2593

n     =2 years

 r     = 4%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2593[1+(4÷100)]{n1}

                       =2593[1+0.04]2

                       =  2593(1.04)2

                       =  2593 x 1.0816

                       = 2805

                        

 



6)  

 The number of students entrolled in a school is 2423. If the entrollement increases by 5 % every year , how many students will be there after 3 years

Answer: 2805


SOLUTION 1 :

Given:

P    =   2423

n     =3 years

 r     = 5%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2423[1+(5÷100)]{n1}

                       =2423[1+0.05]3

                       =  2423(1.05)3

                       =  2423 x 1.157625

                       = 2805

                        

 



7)  

 The number of students entrolled in a school is 1988. If the entrollement increases by 2 % every year , how many students will be there after 4 years

Answer: 2152


SOLUTION 1 :

Given:

P    =   1988

n     =4 years

 r     = 2%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1988[1+(2÷100)]{n1}

                       =1988[1+0.02]4

                       =  1988(1.02)4

                       =  1988 x 1.08243216

                       = 2152

                        

 



8)  

 The number of students entrolled in a school is 1024. If the entrollement increases by 3 % every year , how many students will be there after 3 years

Answer: 1119


SOLUTION 1 :

Given:

P    =   1024

n     =3 years

 r     = 3%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1024[1+(3÷100)]{n1}

                       =1024[1+0.03]3

                       =  1024(1.03)3

                       =  1024 x 1.092727

                       = 1119

                        

 



9)  

 The number of students entrolled in a school is 1425. If the entrollement increases by 4 % every year , how many students will be there after 4 years

Answer: 1667


SOLUTION 1 :

Given:

P    =   1425

n     =4 years

 r     = 4%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1425[1+(4÷100)]{n1}

                       =1425[1+0.04]4

                       =  1425(1.04)4

                       =  1425 x 1.16985856

                       = 1667

                        

 



10)  

 The number of students entrolled in a school is 1367. If the entrollement increases by 2 % every year , how many students will be there after 4 years

Answer: 1480


SOLUTION 1 :

Given:

P    =   1367

n     =4 years

 r     = 2%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1367[1+(2÷100)]{n1}

                       =1367[1+0.02]4

                       =  1367(1.02)4

                       =  1367 x 1.08243216

                       = 1480