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 29972 in abank  for 2 years .If the rate of interest is  3% per annum,find the maturity value.


Answer:_______________




2)  

 Ponmani makes a fixed deposit of 27447 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.


Answer:_______________




3)  

 Ponmani makes a fixed deposit of 21242 in abank  for 2 years .If the rate of interest is  2% per annum,find the maturity value.


Answer:_______________




4)  

 Ponmani makes a fixed deposit of 35010 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.


Answer:_______________




5)  

 Ponmani makes a fixed deposit of 27354 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.


Answer:_______________




6)  

 Ponmani makes a fixed deposit of 29248 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.


Answer:_______________




7)  

 Ponmani makes a fixed deposit of 21974 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 27273 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.


Answer:_______________




9)  

 Ponmani makes a fixed deposit of 35561 in abank  for 2 years .If the rate of interest is  6% per annum,find the maturity value.


Answer:_______________




10)  

 Ponmani makes a fixed deposit of 35753 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 29972 in abank  for 2 years .If the rate of interest is  3% per annum,find the maturity value.

Answer: 31770.32


SOLUTION 1 :

Given:  

        P        =   29972

        n        =     2 years

       r          =   3%

       A         =    

         I         =   Pnr100

                   =   (29972 x 2 x 3)100

                   =   179832100

                   =    1798.32

       A          =    P + I

                    =  29972 + 1798.32

                    =   31770.32



2)  

 Ponmani makes a fixed deposit of 27447 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.

Answer: 30191.7


SOLUTION 1 :

Given:  

        P        =   27447

        n        =     2 years

       r          =   5%

       A         =    

         I         =   Pnr100

                   =   (27447 x 2 x 5)100

                   =   274470100

                   =    2744.7

       A          =    P + I

                    =  27447 + 2744.7

                    =   30191.7



3)  

 Ponmani makes a fixed deposit of 21242 in abank  for 2 years .If the rate of interest is  2% per annum,find the maturity value.

Answer: 22091.68


SOLUTION 1 :

Given:  

        P        =   21242

        n        =     2 years

       r          =   2%

       A         =    

         I         =   Pnr100

                   =   (21242 x 2 x 2)100

                   =   84968100

                   =    849.68

       A          =    P + I

                    =  21242 + 849.68

                    =   22091.68



4)  

 Ponmani makes a fixed deposit of 35010 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.

Answer: 37810.8


SOLUTION 1 :

Given:  

        P        =   35010

        n        =     2 years

       r          =   4%

       A         =    

         I         =   Pnr100

                   =   (35010 x 2 x 4)100

                   =   280080100

                   =    2800.8

       A          =    P + I

                    =  35010 + 2800.8

                    =   37810.8



5)  

 Ponmani makes a fixed deposit of 27354 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.

Answer: 30089.4


SOLUTION 1 :

Given:  

        P        =   27354

        n        =     2 years

       r          =   5%

       A         =    

         I         =   Pnr100

                   =   (27354 x 2 x 5)100

                   =   273540100

                   =    2735.4

       A          =    P + I

                    =  27354 + 2735.4

                    =   30089.4



6)  

 Ponmani makes a fixed deposit of 29248 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.

Answer: 32172.8


SOLUTION 1 :

Given:  

        P        =   29248

        n        =     2 years

       r          =   5%

       A         =    

         I         =   Pnr100

                   =   (29248 x 2 x 5)100

                   =   292480100

                   =    2924.8

       A          =    P + I

                    =  29248 + 2924.8

                    =   32172.8



7)  

 Ponmani makes a fixed deposit of 21974 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.

Answer: 24171.4


SOLUTION 1 :

Given:  

        P        =   21974

        n        =     2 years

       r          =   5%

       A         =    

         I         =   Pnr100

                   =   (21974 x 2 x 5)100

                   =   219740100

                   =    2197.4

       A          =    P + I

                    =  21974 + 2197.4

                    =   24171.4



8)  

 Ponmani makes a fixed deposit of 27273 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.

Answer: 30000.3


SOLUTION 1 :

Given:  

        P        =   27273

        n        =     2 years

       r          =   5%

       A         =    

         I         =   Pnr100

                   =   (27273 x 2 x 5)100

                   =   272730100

                   =    2727.3

       A          =    P + I

                    =  27273 + 2727.3

                    =   30000.3



9)  

 Ponmani makes a fixed deposit of 35561 in abank  for 2 years .If the rate of interest is  6% per annum,find the maturity value.

Answer: 39828.32


SOLUTION 1 :

Given:  

        P        =   35561

        n        =     2 years

       r          =   6%

       A         =    

         I         =   Pnr100

                   =   (35561 x 2 x 6)100

                   =   426732100

                   =    4267.32

       A          =    P + I

                    =  35561 + 4267.32

                    =   39828.32



10)  

 Ponmani makes a fixed deposit of 35753 in abank  for 2 years .If the rate of interest is  3% per annum,find the maturity value.

Answer: 37898.18


SOLUTION 1 :

Given:  

        P        =   35753

        n        =     2 years

       r          =   3%

       A         =    

         I         =   Pnr100

                   =   (35753 x 2 x 3)100

                   =   214518100

                   =    2145.18

       A          =    P + I

                    =  35753 + 2145.18

                    =   37898.18