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)  

 Pavi makes a deposit of rupees 22256 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




2)  

 Ponnalagu makes a deposit of rupees 14843 in a bank for 4 years. If the rate of interest is 3% per annum,find the maturity value.


Answer:_______________




3)  

 Tamilselvi makes a deposit of rupees 41158 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.


Answer:_______________




4)  

 Chellamal makes a deposit of rupees 46843 in a bank for 4 years. If the rate of interest is 3% per annum,find the maturity value.


Answer:_______________




5)  

 Indra makes a deposit of rupees 19404 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




6)  

 Chithra makes a deposit of rupees 25282 in a bank for 5 years. If the rate of interest is 4% per annum,find the maturity value.


Answer:_______________




7)  

 Keerthi makes a deposit of rupees 15635 in a bank for 5 years. If the rate of interest is 3% per annum,find the maturity value.


Answer:_______________




8)  

 Panimalar makes a deposit of rupees 34415 in a bank for 5 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




9)  

 Savithri makes a deposit of rupees 11051 in a bank for 4 years. If the rate of interest is 2% per annum,find the maturity value.


Answer:_______________




10)  

 Swathi makes a deposit of rupees 29634 in a bank for 2 years. If the rate of interest is 4% per annum,find the maturity value.


Answer:_______________




 

1)  

 Pavi makes a deposit of rupees 22256 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 23591


SOLUTION 1 :

Given :

Principal deposited P = 22256

                        n         = 3

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (22256 x 3 x 2)÷100

                                   =  133536÷100

                                   =   1335.36

Maturity value after 3 years   = 22256+1335.36

                                                   = 23591



2)  

 Ponnalagu makes a deposit of rupees 14843 in a bank for 4 years. If the rate of interest is 3% per annum,find the maturity value.

Answer: 16624


SOLUTION 1 :

Given :

Principal deposited P = 14843

                        n         = 4

                       r           =  3%

            Interest           =(Pnr)÷100

                                   = (14843 x 4 x 3)÷100

                                   =  178116÷100

                                   =   1781.16

Maturity value after 4 years   = 14843+1781.16

                                                   = 16624



3)  

 Tamilselvi makes a deposit of rupees 41158 in a bank for 4 years. If the rate of interest is 4% per annum,find the maturity value.

Answer: 47743


SOLUTION 1 :

Given :

Principal deposited P = 41158

                        n         = 4

                       r           =  4%

            Interest           =(Pnr)÷100

                                   = (41158 x 4 x 4)÷100

                                   =  658528÷100

                                   =   6585.28

Maturity value after 4 years   = 41158+6585.28

                                                   = 47743



4)  

 Chellamal makes a deposit of rupees 46843 in a bank for 4 years. If the rate of interest is 3% per annum,find the maturity value.

Answer: 52464


SOLUTION 1 :

Given :

Principal deposited P = 46843

                        n         = 4

                       r           =  3%

            Interest           =(Pnr)÷100

                                   = (46843 x 4 x 3)÷100

                                   =  562116÷100

                                   =   5621.16

Maturity value after 4 years   = 46843+5621.16

                                                   = 52464



5)  

 Indra makes a deposit of rupees 19404 in a bank for 3 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 20568


SOLUTION 1 :

Given :

Principal deposited P = 19404

                        n         = 3

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (19404 x 3 x 2)÷100

                                   =  116424÷100

                                   =   1164.24

Maturity value after 3 years   = 19404+1164.24

                                                   = 20568



6)  

 Chithra makes a deposit of rupees 25282 in a bank for 5 years. If the rate of interest is 4% per annum,find the maturity value.

Answer: 30338


SOLUTION 1 :

Given :

Principal deposited P = 25282

                        n         = 5

                       r           =  4%

            Interest           =(Pnr)÷100

                                   = (25282 x 5 x 4)÷100

                                   =  505640÷100

                                   =   5056.4

Maturity value after 5 years   = 25282+5056.4

                                                   = 30338



7)  

 Keerthi makes a deposit of rupees 15635 in a bank for 5 years. If the rate of interest is 3% per annum,find the maturity value.

Answer: 17980


SOLUTION 1 :

Given :

Principal deposited P = 15635

                        n         = 5

                       r           =  3%

            Interest           =(Pnr)÷100

                                   = (15635 x 5 x 3)÷100

                                   =  234525÷100

                                   =   2345.25

Maturity value after 5 years   = 15635+2345.25

                                                   = 17980



8)  

 Panimalar makes a deposit of rupees 34415 in a bank for 5 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 37857


SOLUTION 1 :

Given :

Principal deposited P = 34415

                        n         = 5

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (34415 x 5 x 2)÷100

                                   =  344150÷100

                                   =   3441.5

Maturity value after 5 years   = 34415+3441.5

                                                   = 37857



9)  

 Savithri makes a deposit of rupees 11051 in a bank for 4 years. If the rate of interest is 2% per annum,find the maturity value.

Answer: 11935


SOLUTION 1 :

Given :

Principal deposited P = 11051

                        n         = 4

                       r           =  2%

            Interest           =(Pnr)÷100

                                   = (11051 x 4 x 2)÷100

                                   =  88408÷100

                                   =   884.08

Maturity value after 4 years   = 11051+884.08

                                                   = 11935



10)  

 Swathi makes a deposit of rupees 29634 in a bank for 2 years. If the rate of interest is 4% per annum,find the maturity value.

Answer: 32005


SOLUTION 1 :

Given :

Principal deposited P = 29634

                        n         = 2

                       r           =  4%

            Interest           =(Pnr)÷100

                                   = (29634 x 2 x 4)÷100

                                   =  237072÷100

                                   =   2370.72

Maturity value after 2 years   = 29634+2370.72

                                                   = 32005