Scroll:Life mathematics >> profit and loss >> saq (4313)


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)  

A motorcycle was bought at 59183 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




2)  

A motorcycle was bought at 78186 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




3)  

A motorcycle was bought at 74411 . The value depreciated at the rate of 3% p.a. find the value after one year.


Answer:_______________




4)  

A motorcycle was bought at 54183 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




5)  

A motorcycle was bought at 70824 . The value depreciated at the rate of 8% p.a. find the value after one year.


Answer:_______________




6)  

A motorcycle was bought at 50549 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




7)  

A motorcycle was bought at 69469 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




8)  

A motorcycle was bought at 56696 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




9)  

A motorcycle was bought at 60398 . The value depreciated at the rate of 8% p.a. find the value after one year.


Answer:_______________




10)  

A motorcycle was bought at 57177 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




 

1)  

A motorcycle was bought at 59183 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 57999


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        59183

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  59183[ 1-(2100) ]1

                       =   59183[1-0.02]1

                       =   59183 x 0.981

                       =    57999



2)  

A motorcycle was bought at 78186 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 72713


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        78186

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  78186[ 1-(7100) ]1

                       =   78186[1-0.07]1

                       =   78186 x 0.931

                       =    72713



3)  

A motorcycle was bought at 74411 . The value depreciated at the rate of 3% p.a. find the value after one year.

Answer: 72179


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        74411

       n             =     1 year

       r              =   3%

       A             =   P[ 1-(r100) ]n

                       =  74411[ 1-(3100) ]1

                       =   74411[1-0.03]1

                       =   74411 x 0.971

                       =    72179



4)  

A motorcycle was bought at 54183 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 53099


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        54183

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  54183[ 1-(2100) ]1

                       =   54183[1-0.02]1

                       =   54183 x 0.981

                       =    53099



5)  

A motorcycle was bought at 70824 . The value depreciated at the rate of 8% p.a. find the value after one year.

Answer: 65158


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        70824

       n             =     1 year

       r              =   8%

       A             =   P[ 1-(r100) ]n

                       =  70824[ 1-(8100) ]1

                       =   70824[1-0.08]1

                       =   70824 x 0.921

                       =    65158



6)  

A motorcycle was bought at 50549 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 47011


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        50549

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  50549[ 1-(7100) ]1

                       =   50549[1-0.07]1

                       =   50549 x 0.931

                       =    47011



7)  

A motorcycle was bought at 69469 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 64606


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        69469

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  69469[ 1-(7100) ]1

                       =   69469[1-0.07]1

                       =   69469 x 0.931

                       =    64606



8)  

A motorcycle was bought at 56696 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 52727


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        56696

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  56696[ 1-(7100) ]1

                       =   56696[1-0.07]1

                       =   56696 x 0.931

                       =    52727



9)  

A motorcycle was bought at 60398 . The value depreciated at the rate of 8% p.a. find the value after one year.

Answer: 55566


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        60398

       n             =     1 year

       r              =   8%

       A             =   P[ 1-(r100) ]n

                       =  60398[ 1-(8100) ]1

                       =   60398[1-0.08]1

                       =   60398 x 0.921

                       =    55566



10)  

A motorcycle was bought at 57177 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 56033


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        57177

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  57177[ 1-(2100) ]1

                       =   57177[1-0.02]1

                       =   57177 x 0.981

                       =    56033