Scroll:Life mathematics >> profit and loss >> saq (4291)


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)  

 The number of students entrolled in a school is 2011. If the entrollement increases by 4 % every year , how many students will be there after 2 years


Answer:_______________




2)  

 The number of students entrolled in a school is 1524. If the entrollement increases by 3 % every year , how many students will be there after 4 years


Answer:_______________




3)  

 The number of students entrolled in a school is 1920. If the entrollement increases by 3 % every year , how many students will be there after 2 years


Answer:_______________




4)  

 The number of students entrolled in a school is 2139. If the entrollement increases by 4 % every year , how many students will be there after 3 years


Answer:_______________




5)  

 The number of students entrolled in a school is 2812. If the entrollement increases by 4 % every year , how many students will be there after 3 years


Answer:_______________




6)  

 The number of students entrolled in a school is 1151. If the entrollement increases by 4 % every year , how many students will be there after 2 years


Answer:_______________




7)  

 The number of students entrolled in a school is 1224. If the entrollement increases by 4 % every year , how many students will be there after 3 years


Answer:_______________




8)  

 The number of students entrolled in a school is 2795. If the entrollement increases by 2 % every year , how many students will be there after 2 years


Answer:_______________




9)  

 The number of students entrolled in a school is 2115. If the entrollement increases by 5 % every year , how many students will be there after 2 years


Answer:_______________




10)  

 The number of students entrolled in a school is 1366. If the entrollement increases by 4 % every year , how many students will be there after 3 years


Answer:_______________




 

1)  

 The number of students entrolled in a school is 2011. If the entrollement increases by 4 % every year , how many students will be there after 2 years

Answer: 2175


SOLUTION 1 :

Given:

P    =   2011

n     =2 years

 r     = 4%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2011[1+(4÷100)]{n1}

                       =2011[1+0.04]2

                       =  2011(1.04)2

                       =  2011 x 1.0816

                       = 2175

                        

 



2)  

 The number of students entrolled in a school is 1524. If the entrollement increases by 3 % every year , how many students will be there after 4 years

Answer: 1715


SOLUTION 1 :

Given:

P    =   1524

n     =4 years

 r     = 3%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1524[1+(3÷100)]{n1}

                       =1524[1+0.03]4

                       =  1524(1.03)4

                       =  1524 x 1.12550881

                       = 1715

                        

 



3)  

 The number of students entrolled in a school is 1920. If the entrollement increases by 3 % every year , how many students will be there after 2 years

Answer: 2037


SOLUTION 1 :

Given:

P    =   1920

n     =2 years

 r     = 3%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1920[1+(3÷100)]{n1}

                       =1920[1+0.03]2

                       =  1920(1.03)2

                       =  1920 x 1.0609

                       = 2037

                        

 



4)  

 The number of students entrolled in a school is 2139. If the entrollement increases by 4 % every year , how many students will be there after 3 years

Answer: 2406


SOLUTION 1 :

Given:

P    =   2139

n     =3 years

 r     = 4%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2139[1+(4÷100)]{n1}

                       =2139[1+0.04]3

                       =  2139(1.04)3

                       =  2139 x 1.124864

                       = 2406

                        

 



5)  

 The number of students entrolled in a school is 2812. If the entrollement increases by 4 % every year , how many students will be there after 3 years

Answer: 3163


SOLUTION 1 :

Given:

P    =   2812

n     =3 years

 r     = 4%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2812[1+(4÷100)]{n1}

                       =2812[1+0.04]3

                       =  2812(1.04)3

                       =  2812 x 1.124864

                       = 3163

                        

 



6)  

 The number of students entrolled in a school is 1151. If the entrollement increases by 4 % every year , how many students will be there after 2 years

Answer: 1245


SOLUTION 1 :

Given:

P    =   1151

n     =2 years

 r     = 4%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1151[1+(4÷100)]{n1}

                       =1151[1+0.04]2

                       =  1151(1.04)2

                       =  1151 x 1.0816

                       = 1245

                        

 



7)  

 The number of students entrolled in a school is 1224. If the entrollement increases by 4 % every year , how many students will be there after 3 years

Answer: 1377


SOLUTION 1 :

Given:

P    =   1224

n     =3 years

 r     = 4%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1224[1+(4÷100)]{n1}

                       =1224[1+0.04]3

                       =  1224(1.04)3

                       =  1224 x 1.124864

                       = 1377

                        

 



8)  

 The number of students entrolled in a school is 2795. If the entrollement increases by 2 % every year , how many students will be there after 2 years

Answer: 2908


SOLUTION 1 :

Given:

P    =   2795

n     =2 years

 r     = 2%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2795[1+(2÷100)]{n1}

                       =2795[1+0.02]2

                       =  2795(1.02)2

                       =  2795 x 1.0404

                       = 2908

                        

 



9)  

 The number of students entrolled in a school is 2115. If the entrollement increases by 5 % every year , how many students will be there after 2 years

Answer: 2332


SOLUTION 1 :

Given:

P    =   2115

n     =2 years

 r     = 5%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 2115[1+(5÷100)]{n1}

                       =2115[1+0.05]2

                       =  2115(1.05)2

                       =  2115 x 1.1025

                       = 2332

                        

 



10)  

 The number of students entrolled in a school is 1366. If the entrollement increases by 4 % every year , how many students will be there after 3 years

Answer: 1537


SOLUTION 1 :

Given:

P    =   1366

n     =3 years

 r     = 4%

Appreciation :

                  A  = P[1+(r÷100)]n

                       = 1366[1+(4÷100)]{n1}

                       =1366[1+0.04]3

                       =  1366(1.04)3

                       =  1366 x 1.124864

                       = 1537