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 = 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 = 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 = 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 = 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 = 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 = 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 = 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 = 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 = 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 = 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 |