Scroll:Life mathematics >> profit and loss >> saq (4274)

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)  

 Panimalar makes a deposit of rupees 42894 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.


Answer:_______________




2)  

 Tamilselvi makes a deposit of rupees 28559 in a bank for 3 years. If the rate of interest is 3% per annum,find the maturity value.


Answer:_______________




3)  

 Jeevini makes a deposit of rupees 20448 in a bank for 3 years. If the rate of interest is 3% per annum,find the maturity value.


Answer:_______________




4)  

 Haritha makes a deposit of rupees 26383 in a bank for 5 years. If the rate of interest is 4% per annum,find the maturity value.


Answer:_______________




5)  

 Nandini makes a deposit of rupees 46788 in a bank for 3 years. If the rate of interest is 3% per annum,find the maturity value.


Answer:_______________




6)  

 Tulasi makes a deposit of rupees 42000 in a bank for 4 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




7)  

 Indra makes a deposit of rupees 42017 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




8)  

 Ramani makes a deposit of rupees 47860 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




9)  

 Ponnalagu makes a deposit of rupees 21066 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




10)  

 Ramani makes a deposit of rupees 18928 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




 

1)  

 Panimalar makes a deposit of rupees 42894 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.

Answer: 49757


SOLUTION 1 :

Given :

Principal deposited P = 42894

                        n         = 4

                       r           =  4%

            Interest           =(Pnr)÷100

                                   = (42894 x 4 x 4)÷100

                                   =  686304÷100

                                   =   6863.04

Maturity value after 4 years   = 42894+6863.04

                                                   = 49757



2)  

 Tamilselvi makes a deposit of rupees 28559 in a bank for 3 years. If the rate of interest is 3% per annum,find the maturity value.

Answer: 31129


SOLUTION 1 :

Given :

Principal deposited P = 28559

                        n         = 3

                       r           =  3%

            Interest           =(Pnr)÷100

                                   = (28559 x 3 x 3)÷100

                                   =  257031÷100

                                   =   2570.31

Maturity value after 3 years   = 28559+2570.31

                                                   = 31129



3)  

 Jeevini makes a deposit of rupees 20448 in a bank for 3 years. If the rate of interest is 3% per annum,find the maturity value.

Answer: 22288


SOLUTION 1 :

Given :

Principal deposited P = 20448

                        n         = 3

                       r           =  3%

            Interest           =(Pnr)÷100

                                   = (20448 x 3 x 3)÷100

                                   =  184032÷100

                                   =   1840.32

Maturity value after 3 years   = 20448+1840.32

                                                   = 22288



4)  

 Haritha makes a deposit of rupees 26383 in a bank for 5 years. If the rate of interest is 4% per annum,find the maturity value.

Answer: 31660


SOLUTION 1 :

Given :

Principal deposited P = 26383

                        n         = 5

                       r           =  4%

            Interest           =(Pnr)÷100

                                   = (26383 x 5 x 4)÷100

                                   =  527660÷100

                                   =   5276.6

Maturity value after 5 years   = 26383+5276.6

                                                   = 31660



5)  

 Nandini makes a deposit of rupees 46788 in a bank for 3 years. If the rate of interest is 3% per annum,find the maturity value.

Answer: 50999


SOLUTION 1 :

Given :

Principal deposited P = 46788

                        n         = 3

                       r           =  3%

            Interest           =(Pnr)÷100

                                   = (46788 x 3 x 3)÷100

                                   =  421092÷100

                                   =   4210.92

Maturity value after 3 years   = 46788+4210.92

                                                   = 50999



6)  

 Tulasi makes a deposit of rupees 42000 in a bank for 4 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 45360


SOLUTION 1 :

Given :

Principal deposited P = 42000

                        n         = 4

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (42000 x 4 x 2)÷100

                                   =  336000÷100

                                   =   3360

Maturity value after 4 years   = 42000+3360

                                                   = 45360



7)  

 Indra makes a deposit of rupees 42017 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 43698


SOLUTION 1 :

Given :

Principal deposited P = 42017

                        n         = 2

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (42017 x 2 x 2)÷100

                                   =  168068÷100

                                   =   1680.68

Maturity value after 2 years   = 42017+1680.68

                                                   = 43698



8)  

 Ramani makes a deposit of rupees 47860 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 49774


SOLUTION 1 :

Given :

Principal deposited P = 47860

                        n         = 2

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (47860 x 2 x 2)÷100

                                   =  191440÷100

                                   =   1914.4

Maturity value after 2 years   = 47860+1914.4

                                                   = 49774



9)  

 Ponnalagu makes a deposit of rupees 21066 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 21909


SOLUTION 1 :

Given :

Principal deposited P = 21066

                        n         = 2

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (21066 x 2 x 2)÷100

                                   =  84264÷100

                                   =   842.64

Maturity value after 2 years   = 21066+842.64

                                                   = 21909



10)  

 Ramani makes a deposit of rupees 18928 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 19685


SOLUTION 1 :

Given :

Principal deposited P = 18928

                        n         = 2

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (18928 x 2 x 2)÷100

                                   =  75712÷100

                                   =   757.12

Maturity value after 2 years   = 18928+757.12

                                                   = 19685