Scroll:Life mathematics >> profit and loss >> saq (4277)
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 cost of a computer is
Answer:_______________ |
12003. The company offers it in 48 months, but charges 9% interest. Find the monthly instalment the purchaser has to pay.| 2) A cost of a computer is
Answer:_______________ |
| 3) A cost of a computer is
Answer:_______________ |
| 4) A cost of a computer is
Answer:_______________ |
| 5) A cost of a computer is
Answer:_______________ |
| 6) A cost of a computer is
Answer:_______________ |
| 7) A cost of a computer is
Answer:_______________ |
| 8) A cost of a computer is
Answer:_______________ |
| 9) A cost of a computer is
Answer:_______________ |
| 10) A cost of a computer is
Answer:_______________ |
| 1) A cost of a computer is
SOLUTION 1 : Given : Cost of computer = Interest = 9% period = 48 months(4year) Total interest = (12003 x 9 x 4) ÷100 = Total amount to be paid = 51852.96 + 12003 = Monthly instalment = Total amount ÷ Number of months = 63855.96 ÷ 48 Monthly instalment = |
| 2) A cost of a computer is
SOLUTION 1 : Given : Cost of computer = Interest = 6% period = 72 months(6year) Total interest = (37107 x 6 x 6) ÷100 = Total amount to be paid = 160302.24 + 37107 = Monthly instalment = Total amount ÷ Number of months = 197409.24 ÷ 72 Monthly instalment = |
| 3) A cost of a computer is
SOLUTION 1 : Given : Cost of computer = Interest = 7% period = 36 months(3year) Total interest = (35184 x 7 x 3) ÷100 = Total amount to be paid = 88663.68 + 35184 = Monthly instalment = Total amount ÷ Number of months = 123847.68 ÷ 36 Monthly instalment = |
| 4) A cost of a computer is
SOLUTION 1 : Given : Cost of computer = Interest = 7% period = 48 months(4year) Total interest = (37216 x 7 x 4) ÷100 = Total amount to be paid = 125045.76 + 37216 = Monthly instalment = Total amount ÷ Number of months = 162261.76 ÷ 48 Monthly instalment = |
| 5) A cost of a computer is
SOLUTION 1 : Given : Cost of computer = Interest = 7% period = 24 months(2year) Total interest = (31531 x 7 x 2) ÷100 = Total amount to be paid = 52972.08 + 31531 = Monthly instalment = Total amount ÷ Number of months = 84503.08 ÷ 24 Monthly instalment = |
| 6) A cost of a computer is
SOLUTION 1 : Given : Cost of computer = Interest = 7% period = 48 months(4year) Total interest = (31820 x 7 x 4) ÷100 = Total amount to be paid = 106915.2 + 31820 = Monthly instalment = Total amount ÷ Number of months = 138735.2 ÷ 48 Monthly instalment = |
| 7) A cost of a computer is
SOLUTION 1 : Given : Cost of computer = Interest = 10% period = 72 months(6year) Total interest = (19731 x 10 x 6) ÷100 = Total amount to be paid = 142063.2 + 19731 = Monthly instalment = Total amount ÷ Number of months = 161794.2 ÷ 72 Monthly instalment = |
| 8) A cost of a computer is
SOLUTION 1 : Given : Cost of computer = Interest = 8% period = 48 months(4year) Total interest = (32132 x 8 x 4) ÷100 = Total amount to be paid = 123386.88 + 32132 = Monthly instalment = Total amount ÷ Number of months = 155518.88 ÷ 48 Monthly instalment = |
| 9) A cost of a computer is
SOLUTION 1 : Given : Cost of computer = Interest = 5% period = 24 months(2year) Total interest = (22092 x 5 x 2) ÷100 = Total amount to be paid = 26510.4 + 22092 = Monthly instalment = Total amount ÷ Number of months = 48602.4 ÷ 24 Monthly instalment = |
| 10) A cost of a computer is
SOLUTION 1 : Given : Cost of computer = Interest = 5% period = 48 months(4year) Total interest = (29431 x 5 x 4) ÷100 = Total amount to be paid = 70634.4 + 29431 = Monthly instalment = Total amount ÷ Number of months = 100065.4 ÷ 48 Monthly instalment = |