Scroll:Life mathematics >> profit and loss >> saq (4310)


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)  

 Imran deposits 447 per month in a post office as R.D. for 2 years. If the rate of interest is 5% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




2)  

 Imran deposits 566 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




3)  

 Imran deposits 447 per month in a post office as R.D. for 2 years. If the rate of interest is 2% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




4)  

 Imran deposits 290 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




5)  

 Imran deposits 582 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




6)  

 Imran deposits 345 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




7)  

 Imran deposits 587 per month in a post office as R.D. for 2 years. If the rate of interest is 3% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




8)  

 Imran deposits 489 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




9)  

 Imran deposits 239 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




10)  

 Imran deposits 351 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

 



Answer:_______________




 

1)  

 Imran deposits 447 per month in a post office as R.D. for 2 years. If the rate of interest is 5% , find the amount he will receive at the end of 2 years.

Answer: 11286.75 



SOLUTION 1 :

Given:

       P             =     447

      n              =  2 years = 24month

      r               =   5%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (447 x 25 x 5)100

                     =   55875100

                    =    558.75

        A         =   (P x n) +I

                   =    (447 x 24) + 558.75

                   =     10728 + 558.75

                   =     11286.75



2)  

 Imran deposits 566 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

Answer: 14433 



SOLUTION 1 :

Given:

       P             =     566

      n              =  2 years = 24month

      r               =   6%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (566 x 25 x 6)100

                     =   84900100

                    =    849

        A         =   (P x n) +I

                   =    (566 x 24) + 849

                   =     13584 + 849

                   =     14433



3)  

 Imran deposits 447 per month in a post office as R.D. for 2 years. If the rate of interest is 2% , find the amount he will receive at the end of 2 years.

Answer: 10951.5 



SOLUTION 1 :

Given:

       P             =     447

      n              =  2 years = 24month

      r               =   2%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (447 x 25 x 2)100

                     =   22350100

                    =    223.5

        A         =   (P x n) +I

                   =    (447 x 24) + 223.5

                   =     10728 + 223.5

                   =     10951.5



4)  

 Imran deposits 290 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

Answer: 7395 



SOLUTION 1 :

Given:

       P             =     290

      n              =  2 years = 24month

      r               =   6%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (290 x 25 x 6)100

                     =   43500100

                    =    435

        A         =   (P x n) +I

                   =    (290 x 24) + 435

                   =     6960 + 435

                   =     7395



5)  

 Imran deposits 582 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

Answer: 14550 



SOLUTION 1 :

Given:

       P             =     582

      n              =  2 years = 24month

      r               =   4%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (582 x 25 x 4)100

                     =   58200100

                    =    582

        A         =   (P x n) +I

                   =    (582 x 24) + 582

                   =     13968 + 582

                   =     14550



6)  

 Imran deposits 345 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

Answer: 8625 



SOLUTION 1 :

Given:

       P             =     345

      n              =  2 years = 24month

      r               =   4%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (345 x 25 x 4)100

                     =   34500100

                    =    345

        A         =   (P x n) +I

                   =    (345 x 24) + 345

                   =     8280 + 345

                   =     8625



7)  

 Imran deposits 587 per month in a post office as R.D. for 2 years. If the rate of interest is 3% , find the amount he will receive at the end of 2 years.

Answer: 14528.25 



SOLUTION 1 :

Given:

       P             =     587

      n              =  2 years = 24month

      r               =   3%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (587 x 25 x 3)100

                     =   44025100

                    =    440.25

        A         =   (P x n) +I

                   =    (587 x 24) + 440.25

                   =     14088 + 440.25

                   =     14528.25



8)  

 Imran deposits 489 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

Answer: 12469.5 



SOLUTION 1 :

Given:

       P             =     489

      n              =  2 years = 24month

      r               =   6%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (489 x 25 x 6)100

                     =   73350100

                    =    733.5

        A         =   (P x n) +I

                   =    (489 x 24) + 733.5

                   =     11736 + 733.5

                   =     12469.5



9)  

 Imran deposits 239 per month in a post office as R.D. for 2 years. If the rate of interest is 6% , find the amount he will receive at the end of 2 years.

Answer: 6094.5 



SOLUTION 1 :

Given:

       P             =     239

      n              =  2 years = 24month

      r               =   6%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (239 x 25 x 6)100

                     =   35850100

                    =    358.5

        A         =   (P x n) +I

                   =    (239 x 24) + 358.5

                   =     5736 + 358.5

                   =     6094.5



10)  

 Imran deposits 351 per month in a post office as R.D. for 2 years. If the rate of interest is 4% , find the amount he will receive at the end of 2 years.

Answer: 8775 



SOLUTION 1 :

Given:

       P             =     351

      n              =  2 years = 24month

      r               =   4%

   For R.D   ,

            N       =   112 x [n(n+1)]/2

                      =   112 x (24 x 25)2

                      =   112 x (6002)

                      =   112 x 300

                      =  25

           I         =   Pnr100

                     =  (351 x 25 x 4)100

                     =   35100100

                    =    351

        A         =   (P x n) +I

                   =    (351 x 24) + 351

                   =     8424 + 351

                   =     8775