Scroll:Life mathematics >> profit and loss >> saq (4310)


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)  

 Imran deposits 549 per month in a post office as R.D. for 2 years. If the rate of interest is 2% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




2)  

 Imran deposits 260 per month in a post office as R.D. for 2 years. If the rate of interest is 5% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




3)  

 Imran deposits 264 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




4)  

 Imran deposits 374 per month in a post office as R.D. for 2 years. If the rate of interest is 3% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




5)  

 Imran deposits 285 per month in a post office as R.D. for 2 years. If the rate of interest is 5% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




6)  

 Imran deposits 584 per month in a post office as R.D. for 2 years. If the rate of interest is 3% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




7)  

 Imran deposits 230 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




8)  

 Imran deposits 253 per month in a post office as R.D. for 2 years. If the rate of interest is 2% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




9)  

 Imran deposits 567 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




10)  

 Imran deposits 434 per month in a post office as R.D. for 2 years. If the rate of interest is 2% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




 

1)  

 Imran deposits 549 per month in a post office as R.D. for 2 years. If the rate of interest is 2% , find the amount he will receive at the end of 2 years.

Answer: 13450.5 



SOLUTION 1 :

Given:

       P             =     549

      n              =  2 years = 24month

      r               =   2%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (549 x 25 x 2)100

                     =   27450100

                    =    274.5

        A         =   (P x n) +I

                   =    (549 x 24) + 274.5

                   =     13176 + 274.5

                   =     13450.5



2)  

 Imran deposits 260 per month in a post office as R.D. for 2 years. If the rate of interest is 5% , find the amount he will receive at the end of 2 years.

Answer: 6565 



SOLUTION 1 :

Given:

       P             =     260

      n              =  2 years = 24month

      r               =   5%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (260 x 25 x 5)100

                     =   32500100

                    =    325

        A         =   (P x n) +I

                   =    (260 x 24) + 325

                   =     6240 + 325

                   =     6565



3)  

 Imran deposits 264 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

Answer: 6600 



SOLUTION 1 :

Given:

       P             =     264

      n              =  2 years = 24month

      r               =   4%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (264 x 25 x 4)100

                     =   26400100

                    =    264

        A         =   (P x n) +I

                   =    (264 x 24) + 264

                   =     6336 + 264

                   =     6600



4)  

 Imran deposits 374 per month in a post office as R.D. for 2 years. If the rate of interest is 3% , find the amount he will receive at the end of 2 years.

Answer: 9256.5 



SOLUTION 1 :

Given:

       P             =     374

      n              =  2 years = 24month

      r               =   3%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (374 x 25 x 3)100

                     =   28050100

                    =    280.5

        A         =   (P x n) +I

                   =    (374 x 24) + 280.5

                   =     8976 + 280.5

                   =     9256.5



5)  

 Imran deposits 285 per month in a post office as R.D. for 2 years. If the rate of interest is 5% , find the amount he will receive at the end of 2 years.

Answer: 7196.25 



SOLUTION 1 :

Given:

       P             =     285

      n              =  2 years = 24month

      r               =   5%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (285 x 25 x 5)100

                     =   35625100

                    =    356.25

        A         =   (P x n) +I

                   =    (285 x 24) + 356.25

                   =     6840 + 356.25

                   =     7196.25



6)  

 Imran deposits 584 per month in a post office as R.D. for 2 years. If the rate of interest is 3% , find the amount he will receive at the end of 2 years.

Answer: 14454 



SOLUTION 1 :

Given:

       P             =     584

      n              =  2 years = 24month

      r               =   3%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (584 x 25 x 3)100

                     =   43800100

                    =    438

        A         =   (P x n) +I

                   =    (584 x 24) + 438

                   =     14016 + 438

                   =     14454



7)  

 Imran deposits 230 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

Answer: 5750 



SOLUTION 1 :

Given:

       P             =     230

      n              =  2 years = 24month

      r               =   4%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (230 x 25 x 4)100

                     =   23000100

                    =    230

        A         =   (P x n) +I

                   =    (230 x 24) + 230

                   =     5520 + 230

                   =     5750



8)  

 Imran deposits 253 per month in a post office as R.D. for 2 years. If the rate of interest is 2% , find the amount he will receive at the end of 2 years.

Answer: 6198.5 



SOLUTION 1 :

Given:

       P             =     253

      n              =  2 years = 24month

      r               =   2%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (253 x 25 x 2)100

                     =   12650100

                    =    126.5

        A         =   (P x n) +I

                   =    (253 x 24) + 126.5

                   =     6072 + 126.5

                   =     6198.5



9)  

 Imran deposits 567 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

Answer: 14175 



SOLUTION 1 :

Given:

       P             =     567

      n              =  2 years = 24month

      r               =   4%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (567 x 25 x 4)100

                     =   56700100

                    =    567

        A         =   (P x n) +I

                   =    (567 x 24) + 567

                   =     13608 + 567

                   =     14175



10)  

 Imran deposits 434 per month in a post office as R.D. for 2 years. If the rate of interest is 2% , find the amount he will receive at the end of 2 years.

Answer: 10633 



SOLUTION 1 :

Given:

       P             =     434

      n              =  2 years = 24month

      r               =   2%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (434 x 25 x 2)100

                     =   21700100

                    =    217

        A         =   (P x n) +I

                   =    (434 x 24) + 217

                   =     10416 + 217

                   =     10633