Sasi Math (Revised for 1024)

Scroll:Life mathematics >> profit and loss >> saq (4309)

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.

Ponmani makes a fixed deposit of 22669 in abank for 2 years .If the rate of interest is 5% per annum,find the maturity value.

Answer:_______________

Ponmani makes a fixed deposit of 27884 in abank for 2 years .If the rate of interest is 5% per annum,find the maturity value.

Answer:_______________

Ponmani makes a fixed deposit of 35317 in abank for 2 years .If the rate of interest is 3% per annum,find the maturity value.

Answer:_______________

Ponmani makes a fixed deposit of 20261 in abank for 2 years .If the rate of interest is 4% per annum,find the maturity value.

Answer:_______________

Ponmani makes a fixed deposit of 31089 in abank for 2 years .If the rate of interest is 6% per annum,find the maturity value.

Answer:_______________

Ponmani makes a fixed deposit of 28256 in abank for 2 years .If the rate of interest is 4% per annum,find the maturity value.

Answer:_______________

Ponmani makes a fixed deposit of 31461 in abank for 2 years .If the rate of interest is 3% per annum,find the maturity value.

Answer:_______________

Ponmani makes a fixed deposit of 30573 in abank for 2 years .If the rate of interest is 5% per annum,find the maturity value.

Answer:_______________

Ponmani makes a fixed deposit of 36875 in abank for 2 years .If the rate of interest is 6% per annum,find the maturity value.

Answer:_______________

10)

Ponmani makes a fixed deposit of 39229 in abank for 2 years .If the rate of interest is 6% per annum,find the maturity value.

Answer:_______________

Ponmani makes a fixed deposit of 22669 in abank for 2 years .If the rate of interest is 5% per annum,find the maturity value.

Answer: 24935.9

SOLUTION 1 :

Given:

P = 22669

n = 2 years

r = 5%

A =

I = $\frac{Pnr}{100}$

= (22669 x 2 x $\frac{5)}{100}$

= $\frac{226690}{100}$

= 2266.9

A = P + I

= 22669 + 2266.9

= 24935.9

Ponmani makes a fixed deposit of 27884 in abank for 2 years .If the rate of interest is 5% per annum,find the maturity value.

Answer: 30672.4

SOLUTION 1 :

Given:

P = 27884

n = 2 years

r = 5%

A =

I = $\frac{Pnr}{100}$

= (27884 x 2 x $\frac{5)}{100}$

= $\frac{278840}{100}$

= 2788.4

A = P + I

= 27884 + 2788.4

= 30672.4

Ponmani makes a fixed deposit of 35317 in abank for 2 years .If the rate of interest is 3% per annum,find the maturity value.

Answer: 37436.02

SOLUTION 1 :

Given:

P = 35317

n = 2 years

r = 3%

A =

I = $\frac{Pnr}{100}$

= (35317 x 2 x $\frac{3)}{100}$

= $\frac{211902}{100}$

= 2119.02

A = P + I

= 35317 + 2119.02

= 37436.02

Ponmani makes a fixed deposit of 20261 in abank for 2 years .If the rate of interest is 4% per annum,find the maturity value.

Answer: 21881.88

SOLUTION 1 :

Given:

P = 20261

n = 2 years

r = 4%

A =

I = $\frac{Pnr}{100}$

= (20261 x 2 x $\frac{4)}{100}$

= $\frac{162088}{100}$

= 1620.88

A = P + I

= 20261 + 1620.88

= 21881.88

Ponmani makes a fixed deposit of 31089 in abank for 2 years .If the rate of interest is 6% per annum,find the maturity value.

Answer: 34819.68

SOLUTION 1 :

Given:

P = 31089

n = 2 years

r = 6%

A =

I = $\frac{Pnr}{100}$

= (31089 x 2 x $\frac{6)}{100}$

= $\frac{373068}{100}$

= 3730.68

A = P + I

= 31089 + 3730.68

= 34819.68

Ponmani makes a fixed deposit of 28256 in abank for 2 years .If the rate of interest is 4% per annum,find the maturity value.

Answer: 30516.48

SOLUTION 1 :

Given:

P = 28256

n = 2 years

r = 4%

A =

I = $\frac{Pnr}{100}$

= (28256 x 2 x $\frac{4)}{100}$

= $\frac{226048}{100}$

= 2260.48

A = P + I

= 28256 + 2260.48

= 30516.48

Ponmani makes a fixed deposit of 31461 in abank for 2 years .If the rate of interest is 3% per annum,find the maturity value.

Answer: 33348.66

SOLUTION 1 :

Given:

P = 31461

n = 2 years

r = 3%

A =

I = $\frac{Pnr}{100}$

= (31461 x 2 x $\frac{3)}{100}$

= $\frac{188766}{100}$

= 1887.66

A = P + I

= 31461 + 1887.66

= 33348.66

Ponmani makes a fixed deposit of 30573 in abank for 2 years .If the rate of interest is 5% per annum,find the maturity value.

Answer: 33630.3

SOLUTION 1 :

Given:

P = 30573

n = 2 years

r = 5%

A =

I = $\frac{Pnr}{100}$

= (30573 x 2 x $\frac{5)}{100}$

= $\frac{305730}{100}$

= 3057.3

A = P + I

= 30573 + 3057.3

= 33630.3

Ponmani makes a fixed deposit of 36875 in abank for 2 years .If the rate of interest is 6% per annum,find the maturity value.

Answer: 41300

SOLUTION 1 :

Given:

P = 36875

n = 2 years

r = 6%

A =

I = $\frac{Pnr}{100}$

= (36875 x 2 x $\frac{6)}{100}$

= $\frac{442500}{100}$

= 4425

A = P + I

= 36875 + 4425

= 41300

10)

Ponmani makes a fixed deposit of 39229 in abank for 2 years .If the rate of interest is 6% per annum,find the maturity value.

Answer: 43936.48

SOLUTION 1 :

Given:

P = 39229

n = 2 years

r = 6%

A =

I = $\frac{Pnr}{100}$

= (39229 x 2 x $\frac{6)}{100}$

= $\frac{470748}{100}$

= 4707.48

A = P + I

= 39229 + 4707.48

= 43936.48