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 72361 . The value depreciated at the rate of 6% p.a. find the value after one year.


Answer:_______________




2)  

A motorcycle was bought at 57011 . The value depreciated at the rate of 8% p.a. find the value after one year.


Answer:_______________




3)  

A motorcycle was bought at 66047 . The value depreciated at the rate of 4% p.a. find the value after one year.


Answer:_______________




4)  

A motorcycle was bought at 63901 . The value depreciated at the rate of 4% p.a. find the value after one year.


Answer:_______________




5)  

A motorcycle was bought at 64935 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




6)  

A motorcycle was bought at 55758 . The value depreciated at the rate of 4% p.a. find the value after one year.


Answer:_______________




7)  

A motorcycle was bought at 51848 . The value depreciated at the rate of 8% p.a. find the value after one year.


Answer:_______________




8)  

A motorcycle was bought at 51208 . The value depreciated at the rate of 6% p.a. find the value after one year.


Answer:_______________




9)  

A motorcycle was bought at 66197 . The value depreciated at the rate of 3% p.a. find the value after one year.


Answer:_______________




10)  

A motorcycle was bought at 50531 . The value depreciated at the rate of 4% p.a. find the value after one year.


Answer:_______________




 

1)  

A motorcycle was bought at 72361 . The value depreciated at the rate of 6% p.a. find the value after one year.

Answer: 68019


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        72361

       n             =     1 year

       r              =   6%

       A             =   P[ 1-(r100) ]n

                       =  72361[ 1-(6100) ]1

                       =   72361[1-0.06]1

                       =   72361 x 0.941

                       =    68019



2)  

A motorcycle was bought at 57011 . The value depreciated at the rate of 8% p.a. find the value after one year.

Answer: 52450


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        57011

       n             =     1 year

       r              =   8%

       A             =   P[ 1-(r100) ]n

                       =  57011[ 1-(8100) ]1

                       =   57011[1-0.08]1

                       =   57011 x 0.921

                       =    52450



3)  

A motorcycle was bought at 66047 . The value depreciated at the rate of 4% p.a. find the value after one year.

Answer: 63405


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        66047

       n             =     1 year

       r              =   4%

       A             =   P[ 1-(r100) ]n

                       =  66047[ 1-(4100) ]1

                       =   66047[1-0.04]1

                       =   66047 x 0.961

                       =    63405



4)  

A motorcycle was bought at 63901 . The value depreciated at the rate of 4% p.a. find the value after one year.

Answer: 61345


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        63901

       n             =     1 year

       r              =   4%

       A             =   P[ 1-(r100) ]n

                       =  63901[ 1-(4100) ]1

                       =   63901[1-0.04]1

                       =   63901 x 0.961

                       =    61345



5)  

A motorcycle was bought at 64935 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 63636


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        64935

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  64935[ 1-(2100) ]1

                       =   64935[1-0.02]1

                       =   64935 x 0.981

                       =    63636



6)  

A motorcycle was bought at 55758 . The value depreciated at the rate of 4% p.a. find the value after one year.

Answer: 53528


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        55758

       n             =     1 year

       r              =   4%

       A             =   P[ 1-(r100) ]n

                       =  55758[ 1-(4100) ]1

                       =   55758[1-0.04]1

                       =   55758 x 0.961

                       =    53528



7)  

A motorcycle was bought at 51848 . The value depreciated at the rate of 8% p.a. find the value after one year.

Answer: 47700


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        51848

       n             =     1 year

       r              =   8%

       A             =   P[ 1-(r100) ]n

                       =  51848[ 1-(8100) ]1

                       =   51848[1-0.08]1

                       =   51848 x 0.921

                       =    47700



8)  

A motorcycle was bought at 51208 . The value depreciated at the rate of 6% p.a. find the value after one year.

Answer: 48136


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        51208

       n             =     1 year

       r              =   6%

       A             =   P[ 1-(r100) ]n

                       =  51208[ 1-(6100) ]1

                       =   51208[1-0.06]1

                       =   51208 x 0.941

                       =    48136



9)  

A motorcycle was bought at 66197 . The value depreciated at the rate of 3% p.a. find the value after one year.

Answer: 64211


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        66197

       n             =     1 year

       r              =   3%

       A             =   P[ 1-(r100) ]n

                       =  66197[ 1-(3100) ]1

                       =   66197[1-0.03]1

                       =   66197 x 0.971

                       =    64211



10)  

A motorcycle was bought at 50531 . The value depreciated at the rate of 4% p.a. find the value after one year.

Answer: 48510


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        50531

       n             =     1 year

       r              =   4%

       A             =   P[ 1-(r100) ]n

                       =  50531[ 1-(4100) ]1

                       =   50531[1-0.04]1

                       =   50531 x 0.961

                       =    48510