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 592 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:_______________




2)  

 Imran deposits 242 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:_______________




3)  

 Imran deposits 314 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:_______________




4)  

 Imran deposits 209 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




5)  

 Imran deposits 241 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:_______________




6)  

 Imran deposits 486 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




7)  

 Imran deposits 547 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 401 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:_______________




9)  

 Imran deposits 596 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:_______________




10)  

 Imran deposits 554 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:_______________




 

1)  

 Imran deposits 592 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: 14652 



SOLUTION 1 :

Given:

       P             =     592

      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

                     =  (592 x 25 x 3)100

                     =   44400100

                    =    444

        A         =   (P x n) +I

                   =    (592 x 24) + 444

                   =     14208 + 444

                   =     14652



2)  

 Imran deposits 242 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: 6050 



SOLUTION 1 :

Given:

       P             =     242

      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

                     =  (242 x 25 x 4)100

                     =   24200100

                    =    242

        A         =   (P x n) +I

                   =    (242 x 24) + 242

                   =     5808 + 242

                   =     6050



3)  

 Imran deposits 314 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: 7693 



SOLUTION 1 :

Given:

       P             =     314

      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

                     =  (314 x 25 x 2)100

                     =   15700100

                    =    157

        A         =   (P x n) +I

                   =    (314 x 24) + 157

                   =     7536 + 157

                   =     7693



4)  

 Imran deposits 209 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

Answer: 5329.5 



SOLUTION 1 :

Given:

       P             =     209

      n              =  2 years = 24month

      r               =   6%

   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

                     =  (209 x 25 x 6)100

                     =   31350100

                    =    313.5

        A         =   (P x n) +I

                   =    (209 x 24) + 313.5

                   =     5016 + 313.5

                   =     5329.5



5)  

 Imran deposits 241 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: 6025 



SOLUTION 1 :

Given:

       P             =     241

      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

                     =  (241 x 25 x 4)100

                     =   24100100

                    =    241

        A         =   (P x n) +I

                   =    (241 x 24) + 241

                   =     5784 + 241

                   =     6025



6)  

 Imran deposits 486 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

Answer: 12393 



SOLUTION 1 :

Given:

       P             =     486

      n              =  2 years = 24month

      r               =   6%

   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

                     =  (486 x 25 x 6)100

                     =   72900100

                    =    729

        A         =   (P x n) +I

                   =    (486 x 24) + 729

                   =     11664 + 729

                   =     12393



7)  

 Imran deposits 547 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: 13675 



SOLUTION 1 :

Given:

       P             =     547

      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

                     =  (547 x 25 x 4)100

                     =   54700100

                    =    547

        A         =   (P x n) +I

                   =    (547 x 24) + 547

                   =     13128 + 547

                   =     13675



8)  

 Imran deposits 401 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: 9924.75 



SOLUTION 1 :

Given:

       P             =     401

      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

                     =  (401 x 25 x 3)100

                     =   30075100

                    =    300.75

        A         =   (P x n) +I

                   =    (401 x 24) + 300.75

                   =     9624 + 300.75

                   =     9924.75



9)  

 Imran deposits 596 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: 15049 



SOLUTION 1 :

Given:

       P             =     596

      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

                     =  (596 x 25 x 5)100

                     =   74500100

                    =    745

        A         =   (P x n) +I

                   =    (596 x 24) + 745

                   =     14304 + 745

                   =     15049



10)  

 Imran deposits 554 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: 13850 



SOLUTION 1 :

Given:

       P             =     554

      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

                     =  (554 x 25 x 4)100

                     =   55400100

                    =    554

        A         =   (P x n) +I

                   =    (554 x 24) + 554

                   =     13296 + 554

                   =     13850