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 420 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 356 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 418 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 200 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:_______________




5)  

 Imran deposits 300 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:_______________




6)  

 Imran deposits 526 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:_______________




7)  

 Imran deposits 220 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:_______________




8)  

 Imran deposits 254 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:_______________




9)  

 Imran deposits 284 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:_______________




10)  

 Imran deposits 255 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 420 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: 10290 



SOLUTION 1 :

Given:

       P             =     420

      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

                     =  (420 x 25 x 2)100

                     =   21000100

                    =    210

        A         =   (P x n) +I

                   =    (420 x 24) + 210

                   =     10080 + 210

                   =     10290



2)  

 Imran deposits 356 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: 8900 



SOLUTION 1 :

Given:

       P             =     356

      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

                     =  (356 x 25 x 4)100

                     =   35600100

                    =    356

        A         =   (P x n) +I

                   =    (356 x 24) + 356

                   =     8544 + 356

                   =     8900



3)  

 Imran deposits 418 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: 10241 



SOLUTION 1 :

Given:

       P             =     418

      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

                     =  (418 x 25 x 2)100

                     =   20900100

                    =    209

        A         =   (P x n) +I

                   =    (418 x 24) + 209

                   =     10032 + 209

                   =     10241



4)  

 Imran deposits 200 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: 5000 



SOLUTION 1 :

Given:

       P             =     200

      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

                     =  (200 x 25 x 4)100

                     =   20000100

                    =    200

        A         =   (P x n) +I

                   =    (200 x 24) + 200

                   =     4800 + 200

                   =     5000



5)  

 Imran deposits 300 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: 7650 



SOLUTION 1 :

Given:

       P             =     300

      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

                     =  (300 x 25 x 6)100

                     =   45000100

                    =    450

        A         =   (P x n) +I

                   =    (300 x 24) + 450

                   =     7200 + 450

                   =     7650



6)  

 Imran deposits 526 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: 13150 



SOLUTION 1 :

Given:

       P             =     526

      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

                     =  (526 x 25 x 4)100

                     =   52600100

                    =    526

        A         =   (P x n) +I

                   =    (526 x 24) + 526

                   =     12624 + 526

                   =     13150



7)  

 Imran deposits 220 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: 5390 



SOLUTION 1 :

Given:

       P             =     220

      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

                     =  (220 x 25 x 2)100

                     =   11000100

                    =    110

        A         =   (P x n) +I

                   =    (220 x 24) + 110

                   =     5280 + 110

                   =     5390



8)  

 Imran deposits 254 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: 6350 



SOLUTION 1 :

Given:

       P             =     254

      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

                     =  (254 x 25 x 4)100

                     =   25400100

                    =    254

        A         =   (P x n) +I

                   =    (254 x 24) + 254

                   =     6096 + 254

                   =     6350



9)  

 Imran deposits 284 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: 7242 



SOLUTION 1 :

Given:

       P             =     284

      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

                     =  (284 x 25 x 6)100

                     =   42600100

                    =    426

        A         =   (P x n) +I

                   =    (284 x 24) + 426

                   =     6816 + 426

                   =     7242



10)  

 Imran deposits 255 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: 6247.5 



SOLUTION 1 :

Given:

       P             =     255

      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

                     =  (255 x 25 x 2)100

                     =   12750100

                    =    127.5

        A         =   (P x n) +I

                   =    (255 x 24) + 127.5

                   =     6120 + 127.5

                   =     6247.5