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   5006. Kumutha wants to buy it in  5 instalments. If the company offers it at the rate of  14% 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   5596. Indra wants to buy it in  5 instalments. If the company offers it at the rate of  14% 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   5626. Haritha wants to buy it in  5 instalments. If the company offers it at the rate of  14% 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   4758. Poovazhagi 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:_______________




5)  

 The cost of a microwave oven is   4736. Ovini wants to buy it in  5 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:_______________




6)  

 The cost of a microwave oven is   5315. Tulasi wants to buy it in  8 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:_______________




7)  

 The cost of a microwave oven is   5893. Savithri wants to buy it in  8 instalments. If the company offers it at the rate of  14% 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   5177. Swathi wants to buy it in  6 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:_______________




9)  

 The cost of a microwave oven is   5104. Pavi 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:_______________




10)  

 The cost of a microwave oven is   4240. Pavi 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:_______________




 

1)  

 The cost of a microwave oven is   5006. Kumutha wants to buy it in  5 instalments. If the company offers it at the rate of  14% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5300.35

E.M.I Answer: 1060


SOLUTION 1 :

Given:

       P     =       5006

       r      =     14%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (5006 x 0.42 x 14) /100

                                  =   29435.28 ÷ 100

                                  =  294.35

Total amount             =    P + I

                                  =    5006 + 294.35

                                  =     5300.35

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

                                   =   5300.35 ÷ 5

                                   =     1060



2)  

 The cost of a microwave oven is   5596. Indra wants to buy it in  5 instalments. If the company offers it at the rate of  14% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5925.04

E.M.I Answer: 1185


SOLUTION 1 :

Given:

       P     =       5596

       r      =     14%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (5596 x 0.42 x 14) /100

                                  =   32904.48 ÷ 100

                                  =  329.04

Total amount             =    P + I

                                  =    5596 + 329.04

                                  =     5925.04

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

                                   =   5925.04 ÷ 5

                                   =     1185



3)  

 The cost of a microwave oven is   5626. Haritha wants to buy it in  5 instalments. If the company offers it at the rate of  14% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5956.81

E.M.I Answer: 1191


SOLUTION 1 :

Given:

       P     =       5626

       r      =     14%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (5626 x 0.42 x 14) /100

                                  =   33080.88 ÷ 100

                                  =  330.81

Total amount             =    P + I

                                  =    5626 + 330.81

                                  =     5956.81

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

                                   =   5956.81 ÷ 5

                                   =     1191



4)  

 The cost of a microwave oven is   4758. Poovazhagi 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: 5114.85

E.M.I Answer: 852


SOLUTION 1 :

Given:

       P     =       4758

       r      =     15%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (4758 x 0.50 x 15) /100

                                  =   35685.00 ÷ 100

                                  =  356.85

Total amount             =    P + I

                                  =    4758 + 356.85

                                  =     5114.85

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

                                   =   5114.85 ÷ 6

                                   =     852



5)  

 The cost of a microwave oven is   4736. Ovini wants to buy it in  5 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: 4934.91

E.M.I Answer: 987


SOLUTION 1 :

Given:

       P     =       4736

       r      =     10%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (4736 x 0.42 x 10) /100

                                  =   19891.20 ÷ 100

                                  =  198.91

Total amount             =    P + I

                                  =    4736 + 198.91

                                  =     4934.91

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

                                   =   4934.91 ÷ 5

                                   =     987



6)  

 The cost of a microwave oven is   5315. Tulasi wants to buy it in  8 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: 5742.33

E.M.I Answer: 718


SOLUTION 1 :

Given:

       P     =       5315

       r      =     12%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (5315 x 0.67 x 12) /100

                                  =   42732.60 ÷ 100

                                  =  427.33

Total amount             =    P + I

                                  =    5315 + 427.33

                                  =     5742.33

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

                                   =   5742.33 ÷ 8

                                   =     718



7)  

 The cost of a microwave oven is   5893. Savithri wants to buy it in  8 instalments. If the company offers it at the rate of  14% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 6445.76

E.M.I Answer: 806


SOLUTION 1 :

Given:

       P     =       5893

       r      =     14%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (5893 x 0.67 x 14) /100

                                  =   55276.34 ÷ 100

                                  =  552.76

Total amount             =    P + I

                                  =    5893 + 552.76

                                  =     6445.76

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

                                   =   6445.76 ÷ 8

                                   =     806



8)  

 The cost of a microwave oven is   5177. Swathi wants to buy it in  6 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: 5513.51

E.M.I Answer: 919


SOLUTION 1 :

Given:

       P     =       5177

       r      =     13%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (5177 x 0.50 x 13) /100

                                  =   33650.50 ÷ 100

                                  =  336.51

Total amount             =    P + I

                                  =    5177 + 336.51

                                  =     5513.51

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

                                   =   5513.51 ÷ 6

                                   =     919



9)  

 The cost of a microwave oven is   5104. Pavi 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: 5548.56

E.M.I Answer: 694


SOLUTION 1 :

Given:

       P     =       5104

       r      =     13%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (5104 x 0.67 x 13) /100

                                  =   44455.84 ÷ 100

                                  =  444.56

Total amount             =    P + I

                                  =    5104 + 444.56

                                  =     5548.56

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

                                   =   5548.56 ÷ 8

                                   =     694



10)  

 The cost of a microwave oven is   4240. Pavi 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: 4558.00

E.M.I Answer: 760


SOLUTION 1 :

Given:

       P     =       4240

       r      =     15%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (4240 x 0.50 x 15) /100

                                  =   31800.00 ÷ 100

                                  =  318.00

Total amount             =    P + I

                                  =    4240 + 318.00

                                  =     4558.00

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

                                   =   4558.00 ÷ 6

                                   =     760