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)  

 Mithra makes a deposit of rupees 37700 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




2)  

 Kumutha makes a deposit of rupees 36197 in a bank for 5 years. If the rate of interest is 4% per annum,find the maturity value.


Answer:_______________




3)  

 Ovini makes a deposit of rupees 33605 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




4)  

 Chithra makes a deposit of rupees 49688 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




5)  

 Chellamal makes a deposit of rupees 37508 in a bank for 2 years. If the rate of interest is 4% per annum,find the maturity value.


Answer:_______________




6)  

 Poongodi makes a deposit of rupees 17909 in a bank for 2 years. If the rate of interest is 3% per annum,find the maturity value.


Answer:_______________




7)  

 Keerthi makes a deposit of rupees 30057 in a bank for 4 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




8)  

 Panimalar makes a deposit of rupees 33798 in a bank for 3 years. If the rate of interest is 4% per annum,find the maturity value.


Answer:_______________




9)  

 Ramani makes a deposit of rupees 47080 in a bank for 5 years. If the rate of interest is 4% per annum,find the maturity value.


Answer:_______________




10)  

 Poovazhagi makes a deposit of rupees 12962 in a bank for 2 years. If the rate of interest is 3% per annum,find the maturity value.


Answer:_______________




 

1)  

 Mithra makes a deposit of rupees 37700 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 39962


SOLUTION 1 :

Given :

Principal deposited P = 37700

                        n         = 3

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (37700 x 3 x 2)÷100

                                   =  226200÷100

                                   =   2262

Maturity value after 3 years   = 37700+2262

                                                   = 39962



2)  

 Kumutha makes a deposit of rupees 36197 in a bank for 5 years. If the rate of interest is 4% per annum,find the maturity value.

Answer: 43436


SOLUTION 1 :

Given :

Principal deposited P = 36197

                        n         = 5

                       r           =  4%

            Interest           =(Pnr)÷100

                                   = (36197 x 5 x 4)÷100

                                   =  723940÷100

                                   =   7239.4

Maturity value after 5 years   = 36197+7239.4

                                                   = 43436



3)  

 Ovini makes a deposit of rupees 33605 in a bank for 2 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 34949


SOLUTION 1 :

Given :

Principal deposited P = 33605

                        n         = 2

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (33605 x 2 x 2)÷100

                                   =  134420÷100

                                   =   1344.2

Maturity value after 2 years   = 33605+1344.2

                                                   = 34949



4)  

 Chithra makes a deposit of rupees 49688 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 52669


SOLUTION 1 :

Given :

Principal deposited P = 49688

                        n         = 3

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (49688 x 3 x 2)÷100

                                   =  298128÷100

                                   =   2981.28

Maturity value after 3 years   = 49688+2981.28

                                                   = 52669



5)  

 Chellamal makes a deposit of rupees 37508 in a bank for 2 years. If the rate of interest is 4% per annum,find the maturity value.

Answer: 40509


SOLUTION 1 :

Given :

Principal deposited P = 37508

                        n         = 2

                       r           =  4%

            Interest           =(Pnr)÷100

                                   = (37508 x 2 x 4)÷100

                                   =  300064÷100

                                   =   3000.64

Maturity value after 2 years   = 37508+3000.64

                                                   = 40509



6)  

 Poongodi makes a deposit of rupees 17909 in a bank for 2 years. If the rate of interest is 3% per annum,find the maturity value.

Answer: 18984


SOLUTION 1 :

Given :

Principal deposited P = 17909

                        n         = 2

                       r           =  3%

            Interest           =(Pnr)÷100

                                   = (17909 x 2 x 3)÷100

                                   =  107454÷100

                                   =   1074.54

Maturity value after 2 years   = 17909+1074.54

                                                   = 18984



7)  

 Keerthi makes a deposit of rupees 30057 in a bank for 4 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 32462


SOLUTION 1 :

Given :

Principal deposited P = 30057

                        n         = 4

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (30057 x 4 x 2)÷100

                                   =  240456÷100

                                   =   2404.56

Maturity value after 4 years   = 30057+2404.56

                                                   = 32462



8)  

 Panimalar makes a deposit of rupees 33798 in a bank for 3 years. If the rate of interest is 4% per annum,find the maturity value.

Answer: 37854


SOLUTION 1 :

Given :

Principal deposited P = 33798

                        n         = 3

                       r           =  4%

            Interest           =(Pnr)÷100

                                   = (33798 x 3 x 4)÷100

                                   =  405576÷100

                                   =   4055.76

Maturity value after 3 years   = 33798+4055.76

                                                   = 37854



9)  

 Ramani makes a deposit of rupees 47080 in a bank for 5 years. If the rate of interest is 4% per annum,find the maturity value.

Answer: 56496


SOLUTION 1 :

Given :

Principal deposited P = 47080

                        n         = 5

                       r           =  4%

            Interest           =(Pnr)÷100

                                   = (47080 x 5 x 4)÷100

                                   =  941600÷100

                                   =   9416

Maturity value after 5 years   = 47080+9416

                                                   = 56496



10)  

 Poovazhagi makes a deposit of rupees 12962 in a bank for 2 years. If the rate of interest is 3% per annum,find the maturity value.

Answer: 13740


SOLUTION 1 :

Given :

Principal deposited P = 12962

                        n         = 2

                       r           =  3%

            Interest           =(Pnr)÷100

                                   = (12962 x 2 x 3)÷100

                                   =  77772÷100

                                   =   777.72

Maturity value after 2 years   = 12962+777.72

                                                   = 13740