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.


 

1)  

 Ponmani makes a fixed deposit of 39037 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.


Answer:_______________




2)  

 Ponmani makes a fixed deposit of 39812 in abank  for 2 years .If the rate of interest is  6% per annum,find the maturity value.


Answer:_______________




3)  

 Ponmani makes a fixed deposit of 28022 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.


Answer:_______________




4)  

 Ponmani makes a fixed deposit of 39053 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.


Answer:_______________




5)  

 Ponmani makes a fixed deposit of 31845 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.


Answer:_______________




6)  

 Ponmani makes a fixed deposit of 33215 in abank  for 2 years .If the rate of interest is  2% per annum,find the maturity value.


Answer:_______________




7)  

 Ponmani makes a fixed deposit of 39848 in abank  for 2 years .If the rate of interest is  6% per annum,find the maturity value.


Answer:_______________




8)  

 Ponmani makes a fixed deposit of 27355 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.


Answer:_______________




9)  

 Ponmani makes a fixed deposit of 24420 in abank  for 2 years .If the rate of interest is  2% per annum,find the maturity value.


Answer:_______________




10)  

 Ponmani makes a fixed deposit of 26181 in abank  for 2 years .If the rate of interest is  3% per annum,find the maturity value.


Answer:_______________




 

1)  

 Ponmani makes a fixed deposit of 39037 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.

Answer: 42159.96


SOLUTION 1 :

Given:  

        P        =   39037

        n        =     2 years

       r          =   4%

       A         =    

         I         =   Pnr100

                   =   (39037 x 2 x 4)100

                   =   312296100

                   =    3122.96

       A          =    P + I

                    =  39037 + 3122.96

                    =   42159.96



2)  

 Ponmani makes a fixed deposit of 39812 in abank  for 2 years .If the rate of interest is  6% per annum,find the maturity value.

Answer: 44589.44


SOLUTION 1 :

Given:  

        P        =   39812

        n        =     2 years

       r          =   6%

       A         =    

         I         =   Pnr100

                   =   (39812 x 2 x 6)100

                   =   477744100

                   =    4777.44

       A          =    P + I

                    =  39812 + 4777.44

                    =   44589.44



3)  

 Ponmani makes a fixed deposit of 28022 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.

Answer: 30263.76


SOLUTION 1 :

Given:  

        P        =   28022

        n        =     2 years

       r          =   4%

       A         =    

         I         =   Pnr100

                   =   (28022 x 2 x 4)100

                   =   224176100

                   =    2241.76

       A          =    P + I

                    =  28022 + 2241.76

                    =   30263.76



4)  

 Ponmani makes a fixed deposit of 39053 in abank  for 2 years .If the rate of interest is  4% per annum,find the maturity value.

Answer: 42177.24


SOLUTION 1 :

Given:  

        P        =   39053

        n        =     2 years

       r          =   4%

       A         =    

         I         =   Pnr100

                   =   (39053 x 2 x 4)100

                   =   312424100

                   =    3124.24

       A          =    P + I

                    =  39053 + 3124.24

                    =   42177.24



5)  

 Ponmani makes a fixed deposit of 31845 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.

Answer: 35029.5


SOLUTION 1 :

Given:  

        P        =   31845

        n        =     2 years

       r          =   5%

       A         =    

         I         =   Pnr100

                   =   (31845 x 2 x 5)100

                   =   318450100

                   =    3184.5

       A          =    P + I

                    =  31845 + 3184.5

                    =   35029.5



6)  

 Ponmani makes a fixed deposit of 33215 in abank  for 2 years .If the rate of interest is  2% per annum,find the maturity value.

Answer: 34543.6


SOLUTION 1 :

Given:  

        P        =   33215

        n        =     2 years

       r          =   2%

       A         =    

         I         =   Pnr100

                   =   (33215 x 2 x 2)100

                   =   132860100

                   =    1328.6

       A          =    P + I

                    =  33215 + 1328.6

                    =   34543.6



7)  

 Ponmani makes a fixed deposit of 39848 in abank  for 2 years .If the rate of interest is  6% per annum,find the maturity value.

Answer: 44629.76


SOLUTION 1 :

Given:  

        P        =   39848

        n        =     2 years

       r          =   6%

       A         =    

         I         =   Pnr100

                   =   (39848 x 2 x 6)100

                   =   478176100

                   =    4781.76

       A          =    P + I

                    =  39848 + 4781.76

                    =   44629.76



8)  

 Ponmani makes a fixed deposit of 27355 in abank  for 2 years .If the rate of interest is  5% per annum,find the maturity value.

Answer: 30090.5


SOLUTION 1 :

Given:  

        P        =   27355

        n        =     2 years

       r          =   5%

       A         =    

         I         =   Pnr100

                   =   (27355 x 2 x 5)100

                   =   273550100

                   =    2735.5

       A          =    P + I

                    =  27355 + 2735.5

                    =   30090.5



9)  

 Ponmani makes a fixed deposit of 24420 in abank  for 2 years .If the rate of interest is  2% per annum,find the maturity value.

Answer: 25396.8


SOLUTION 1 :

Given:  

        P        =   24420

        n        =     2 years

       r          =   2%

       A         =    

         I         =   Pnr100

                   =   (24420 x 2 x 2)100

                   =   97680100

                   =    976.8

       A          =    P + I

                    =  24420 + 976.8

                    =   25396.8



10)  

 Ponmani makes a fixed deposit of 26181 in abank  for 2 years .If the rate of interest is  3% per annum,find the maturity value.

Answer: 27751.86


SOLUTION 1 :

Given:  

        P        =   26181

        n        =     2 years

       r          =   3%

       A         =    

         I         =   Pnr100

                   =   (26181 x 2 x 3)100

                   =   157086100

                   =    1570.86

       A          =    P + I

                    =  26181 + 1570.86

                    =   27751.86