Scroll:Life mathematics >> profit and loss >> saq (4311)


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)  

 The cost of a microwave oven is   5048. Haritha wants to buy it in  8 instalments. If the company offers it at the rate of  10% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




2)  

 The cost of a microwave oven is   5718. Mithra wants to buy it in  5 instalments. If the company offers it at the rate of  12% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




3)  

 The cost of a microwave oven is   4956. Ovini wants to buy it in  8 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




4)  

 The cost of a microwave oven is   5032. Parveen wants to buy it in  7 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




5)  

 The cost of a microwave oven is   4180. Amutha wants to buy it in  8 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




6)  

 The cost of a microwave oven is   5134. Thamarai wants to buy it in  6 instalments. If the company offers it at the rate of  15% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




7)  

 The cost of a microwave oven is   5662. Chithra wants to buy it in  6 instalments. If the company offers it at the rate of  12% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




8)  

 The cost of a microwave oven is   4141. Ovini wants to buy it in  6 instalments. If the company offers it at the rate of  10% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




9)  

 The cost of a microwave oven is   4525. Nandini wants to buy it in  5 instalments. If the company offers it at the rate of  11% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




10)  

 The cost of a microwave oven is   4124. Tamilselvi wants to buy it in  5 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




 

1)  

 The cost of a microwave oven is   5048. Haritha wants to buy it in  8 instalments. If the company offers it at the rate of  10% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5386.22

E.M.I Answer: 673


SOLUTION 1 :

Given:

       P     =       5048

       r      =     10%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (5048 x 0.67 x 10) /100

                                  =   33821.60 ÷ 100

                                  =  338.22

Total amount             =    P + I

                                  =    5048 + 338.22

                                  =     5386.22

    E. M. I                    =   Total amount / No of instalment

                                   =   5386.22 ÷ 8

                                   =     673



2)  

 The cost of a microwave oven is   5718. Mithra wants to buy it in  5 instalments. If the company offers it at the rate of  12% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 6006.19

E.M.I Answer: 1201


SOLUTION 1 :

Given:

       P     =       5718

       r      =     12%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (5718 x 0.42 x 12) /100

                                  =   28818.72 ÷ 100

                                  =  288.19

Total amount             =    P + I

                                  =    5718 + 288.19

                                  =     6006.19

    E. M. I                    =   Total amount / No of instalment

                                   =   6006.19 ÷ 5

                                   =     1201



3)  

 The cost of a microwave oven is   4956. Ovini wants to buy it in  8 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5387.67

E.M.I Answer: 673


SOLUTION 1 :

Given:

       P     =       4956

       r      =     13%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (4956 x 0.67 x 13) /100

                                  =   43166.76 ÷ 100

                                  =  431.67

Total amount             =    P + I

                                  =    4956 + 431.67

                                  =     5387.67

    E. M. I                    =   Total amount / No of instalment

                                   =   5387.67 ÷ 8

                                   =     673



4)  

 The cost of a microwave oven is   5032. Parveen wants to buy it in  7 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5411.41

E.M.I Answer: 773


SOLUTION 1 :

Given:

       P     =       5032

       r      =     13%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (5032 x 0.58 x 13) /100

                                  =   37941.28 ÷ 100

                                  =  379.41

Total amount             =    P + I

                                  =    5032 + 379.41

                                  =     5411.41

    E. M. I                    =   Total amount / No of instalment

                                   =   5411.41 ÷ 7

                                   =     773



5)  

 The cost of a microwave oven is   4180. Amutha wants to buy it in  8 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 4544.08

E.M.I Answer: 568


SOLUTION 1 :

Given:

       P     =       4180

       r      =     13%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (4180 x 0.67 x 13) /100

                                  =   36407.80 ÷ 100

                                  =  364.08

Total amount             =    P + I

                                  =    4180 + 364.08

                                  =     4544.08

    E. M. I                    =   Total amount / No of instalment

                                   =   4544.08 ÷ 8

                                   =     568



6)  

 The cost of a microwave oven is   5134. Thamarai wants to buy it in  6 instalments. If the company offers it at the rate of  15% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5519.05

E.M.I Answer: 920


SOLUTION 1 :

Given:

       P     =       5134

       r      =     15%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (5134 x 0.50 x 15) /100

                                  =   38505.00 ÷ 100

                                  =  385.05

Total amount             =    P + I

                                  =    5134 + 385.05

                                  =     5519.05

    E. M. I                    =   Total amount / No of instalment

                                   =   5519.05 ÷ 6

                                   =     920



7)  

 The cost of a microwave oven is   5662. Chithra wants to buy it in  6 instalments. If the company offers it at the rate of  12% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 6001.72

E.M.I Answer: 1000


SOLUTION 1 :

Given:

       P     =       5662

       r      =     12%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (5662 x 0.50 x 12) /100

                                  =   33972.00 ÷ 100

                                  =  339.72

Total amount             =    P + I

                                  =    5662 + 339.72

                                  =     6001.72

    E. M. I                    =   Total amount / No of instalment

                                   =   6001.72 ÷ 6

                                   =     1000



8)  

 The cost of a microwave oven is   4141. Ovini wants to buy it in  6 instalments. If the company offers it at the rate of  10% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 4348.05

E.M.I Answer: 725


SOLUTION 1 :

Given:

       P     =       4141

       r      =     10%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (4141 x 0.50 x 10) /100

                                  =   20705.00 ÷ 100

                                  =  207.05

Total amount             =    P + I

                                  =    4141 + 207.05

                                  =     4348.05

    E. M. I                    =   Total amount / No of instalment

                                   =   4348.05 ÷ 6

                                   =     725



9)  

 The cost of a microwave oven is   4525. Nandini wants to buy it in  5 instalments. If the company offers it at the rate of  11% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 4734.06

E.M.I Answer: 947


SOLUTION 1 :

Given:

       P     =       4525

       r      =     11%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (4525 x 0.42 x 11) /100

                                  =   20905.50 ÷ 100

                                  =  209.06

Total amount             =    P + I

                                  =    4525 + 209.06

                                  =     4734.06

    E. M. I                    =   Total amount / No of instalment

                                   =   4734.06 ÷ 5

                                   =     947



10)  

 The cost of a microwave oven is   4124. Tamilselvi wants to buy it in  5 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 4349.17

E.M.I Answer: 870


SOLUTION 1 :

Given:

       P     =       4124

       r      =     13%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (4124 x 0.42 x 13) /100

                                  =   22517.04 ÷ 100

                                  =  225.17

Total amount             =    P + I

                                  =    4124 + 225.17

                                  =     4349.17

    E. M. I                    =   Total amount / No of instalment

                                   =   4349.17 ÷ 5

                                   =     870