Scroll:Life mathematics >> profit and loss >> saq (4309)

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)  

 Ponmani makes a fixed deposit of 39681 in abank  for 2 years .If the rate of interest is  6% per annum,find the maturity value.


Answer:_______________




2)  

 Ponmani makes a fixed deposit of 31190 in abank  for 2 years .If the rate of interest is  2% per annum,find the maturity value.


Answer:_______________




3)  

 Ponmani makes a fixed deposit of 22322 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.


Answer:_______________




4)  

 Ponmani makes a fixed deposit of 35891 in abank  for 2 years .If the rate of interest is  2% per annum,find the maturity value.


Answer:_______________




5)  

 Ponmani makes a fixed deposit of 29492 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.


Answer:_______________




6)  

 Ponmani makes a fixed deposit of 28365 in abank  for 2 years .If the rate of interest is  6% per annum,find the maturity value.


Answer:_______________




7)  

 Ponmani makes a fixed deposit of 20292 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.


Answer:_______________




8)  

 Ponmani makes a fixed deposit of 34366 in abank  for 2 years .If the rate of interest is  3% per annum,find the maturity value.


Answer:_______________




9)  

 Ponmani makes a fixed deposit of 31816 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.


Answer:_______________




10)  

 Ponmani makes a fixed deposit of 25419 in abank  for 2 years .If the rate of interest is  3% per annum,find the maturity value.


Answer:_______________




 

1)  

 Ponmani makes a fixed deposit of 39681 in abank  for 2 years .If the rate of interest is  6% per annum,find the maturity value.

Answer: 44442.72


SOLUTION 1 :

Given:  

        P        =   39681

        n        =     2 years

       r          =   6%

       A         =    

         I         =   Pnr100

                   =   (39681 x 2 x 6)100

                   =   476172100

                   =    4761.72

       A          =    P + I

                    =  39681 + 4761.72

                    =   44442.72



2)  

 Ponmani makes a fixed deposit of 31190 in abank  for 2 years .If the rate of interest is  2% per annum,find the maturity value.

Answer: 32437.6


SOLUTION 1 :

Given:  

        P        =   31190

        n        =     2 years

       r          =   2%

       A         =    

         I         =   Pnr100

                   =   (31190 x 2 x 2)100

                   =   124760100

                   =    1247.6

       A          =    P + I

                    =  31190 + 1247.6

                    =   32437.6



3)  

 Ponmani makes a fixed deposit of 22322 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.

Answer: 24107.76


SOLUTION 1 :

Given:  

        P        =   22322

        n        =     2 years

       r          =   4%

       A         =    

         I         =   Pnr100

                   =   (22322 x 2 x 4)100

                   =   178576100

                   =    1785.76

       A          =    P + I

                    =  22322 + 1785.76

                    =   24107.76



4)  

 Ponmani makes a fixed deposit of 35891 in abank  for 2 years .If the rate of interest is  2% per annum,find the maturity value.

Answer: 37326.64


SOLUTION 1 :

Given:  

        P        =   35891

        n        =     2 years

       r          =   2%

       A         =    

         I         =   Pnr100

                   =   (35891 x 2 x 2)100

                   =   143564100

                   =    1435.64

       A          =    P + I

                    =  35891 + 1435.64

                    =   37326.64



5)  

 Ponmani makes a fixed deposit of 29492 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.

Answer: 31851.36


SOLUTION 1 :

Given:  

        P        =   29492

        n        =     2 years

       r          =   4%

       A         =    

         I         =   Pnr100

                   =   (29492 x 2 x 4)100

                   =   235936100

                   =    2359.36

       A          =    P + I

                    =  29492 + 2359.36

                    =   31851.36



6)  

 Ponmani makes a fixed deposit of 28365 in abank  for 2 years .If the rate of interest is  6% per annum,find the maturity value.

Answer: 31768.8


SOLUTION 1 :

Given:  

        P        =   28365

        n        =     2 years

       r          =   6%

       A         =    

         I         =   Pnr100

                   =   (28365 x 2 x 6)100

                   =   340380100

                   =    3403.8

       A          =    P + I

                    =  28365 + 3403.8

                    =   31768.8



7)  

 Ponmani makes a fixed deposit of 20292 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.

Answer: 22321.2


SOLUTION 1 :

Given:  

        P        =   20292

        n        =     2 years

       r          =   5%

       A         =    

         I         =   Pnr100

                   =   (20292 x 2 x 5)100

                   =   202920100

                   =    2029.2

       A          =    P + I

                    =  20292 + 2029.2

                    =   22321.2



8)  

 Ponmani makes a fixed deposit of 34366 in abank  for 2 years .If the rate of interest is  3% per annum,find the maturity value.

Answer: 36427.96


SOLUTION 1 :

Given:  

        P        =   34366

        n        =     2 years

       r          =   3%

       A         =    

         I         =   Pnr100

                   =   (34366 x 2 x 3)100

                   =   206196100

                   =    2061.96

       A          =    P + I

                    =  34366 + 2061.96

                    =   36427.96



9)  

 Ponmani makes a fixed deposit of 31816 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.

Answer: 34361.28


SOLUTION 1 :

Given:  

        P        =   31816

        n        =     2 years

       r          =   4%

       A         =    

         I         =   Pnr100

                   =   (31816 x 2 x 4)100

                   =   254528100

                   =    2545.28

       A          =    P + I

                    =  31816 + 2545.28

                    =   34361.28



10)  

 Ponmani makes a fixed deposit of 25419 in abank  for 2 years .If the rate of interest is  3% per annum,find the maturity value.

Answer: 26944.14


SOLUTION 1 :

Given:  

        P        =   25419

        n        =     2 years

       r          =   3%

       A         =    

         I         =   Pnr100

                   =   (25419 x 2 x 3)100

                   =   152514100

                   =    1525.14

       A          =    P + I

                    =  25419 + 1525.14

                    =   26944.14