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 70705 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




2)  

A motorcycle was bought at 61675 . The value depreciated at the rate of 3% p.a. find the value after one year.


Answer:_______________




3)  

A motorcycle was bought at 60082 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




4)  

A motorcycle was bought at 74854 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




5)  

A motorcycle was bought at 53558 . The value depreciated at the rate of 3% p.a. find the value after one year.


Answer:_______________




6)  

A motorcycle was bought at 63811 . The value depreciated at the rate of 3% p.a. find the value after one year.


Answer:_______________




7)  

A motorcycle was bought at 57086 . The value depreciated at the rate of 8% p.a. find the value after one year.


Answer:_______________




8)  

A motorcycle was bought at 63672 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




9)  

A motorcycle was bought at 61966 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




10)  

A motorcycle was bought at 70409 . The value depreciated at the rate of 6% p.a. find the value after one year.


Answer:_______________




 

1)  

A motorcycle was bought at 70705 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 69291


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        70705

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  70705[ 1-(2100) ]1

                       =   70705[1-0.02]1

                       =   70705 x 0.981

                       =    69291



2)  

A motorcycle was bought at 61675 . The value depreciated at the rate of 3% p.a. find the value after one year.

Answer: 59825


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        61675

       n             =     1 year

       r              =   3%

       A             =   P[ 1-(r100) ]n

                       =  61675[ 1-(3100) ]1

                       =   61675[1-0.03]1

                       =   61675 x 0.971

                       =    59825



3)  

A motorcycle was bought at 60082 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 58880


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        60082

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  60082[ 1-(2100) ]1

                       =   60082[1-0.02]1

                       =   60082 x 0.981

                       =    58880



4)  

A motorcycle was bought at 74854 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 71111


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        74854

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  74854[ 1-(5100) ]1

                       =   74854[1-0.05]1

                       =   74854 x 0.951

                       =    71111



5)  

A motorcycle was bought at 53558 . The value depreciated at the rate of 3% p.a. find the value after one year.

Answer: 51951


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        53558

       n             =     1 year

       r              =   3%

       A             =   P[ 1-(r100) ]n

                       =  53558[ 1-(3100) ]1

                       =   53558[1-0.03]1

                       =   53558 x 0.971

                       =    51951



6)  

A motorcycle was bought at 63811 . The value depreciated at the rate of 3% p.a. find the value after one year.

Answer: 61897


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        63811

       n             =     1 year

       r              =   3%

       A             =   P[ 1-(r100) ]n

                       =  63811[ 1-(3100) ]1

                       =   63811[1-0.03]1

                       =   63811 x 0.971

                       =    61897



7)  

A motorcycle was bought at 57086 . The value depreciated at the rate of 8% p.a. find the value after one year.

Answer: 52519


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        57086

       n             =     1 year

       r              =   8%

       A             =   P[ 1-(r100) ]n

                       =  57086[ 1-(8100) ]1

                       =   57086[1-0.08]1

                       =   57086 x 0.921

                       =    52519



8)  

A motorcycle was bought at 63672 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 62399


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        63672

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  63672[ 1-(2100) ]1

                       =   63672[1-0.02]1

                       =   63672 x 0.981

                       =    62399



9)  

A motorcycle was bought at 61966 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 57628


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        61966

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  61966[ 1-(7100) ]1

                       =   61966[1-0.07]1

                       =   61966 x 0.931

                       =    57628



10)  

A motorcycle was bought at 70409 . The value depreciated at the rate of 6% p.a. find the value after one year.

Answer: 66184


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        70409

       n             =     1 year

       r              =   6%

       A             =   P[ 1-(r100) ]n

                       =  70409[ 1-(6100) ]1

                       =   70409[1-0.06]1

                       =   70409 x 0.941

                       =    66184