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 305 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:_______________




2)  

 Imran deposits 246 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 567 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:_______________




4)  

 Imran deposits 531 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:_______________




5)  

 Imran deposits 526 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:_______________




6)  

 Imran deposits 489 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:_______________




7)  

 Imran deposits 214 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:_______________




8)  

 Imran deposits 406 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:_______________




9)  

 Imran deposits 300 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:_______________




10)  

 Imran deposits 596 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:_______________




 

1)  

 Imran deposits 305 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: 7777.5 



SOLUTION 1 :

Given:

       P             =     305

      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

                     =  (305 x 25 x 6)100

                     =   45750100

                    =    457.5

        A         =   (P x n) +I

                   =    (305 x 24) + 457.5

                   =     7320 + 457.5

                   =     7777.5



2)  

 Imran deposits 246 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: 6273 



SOLUTION 1 :

Given:

       P             =     246

      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

                     =  (246 x 25 x 6)100

                     =   36900100

                    =    369

        A         =   (P x n) +I

                   =    (246 x 24) + 369

                   =     5904 + 369

                   =     6273



3)  

 Imran deposits 567 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: 14316.75 



SOLUTION 1 :

Given:

       P             =     567

      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

                     =  (567 x 25 x 5)100

                     =   70875100

                    =    708.75

        A         =   (P x n) +I

                   =    (567 x 24) + 708.75

                   =     13608 + 708.75

                   =     14316.75



4)  

 Imran deposits 531 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: 13009.5 



SOLUTION 1 :

Given:

       P             =     531

      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

                     =  (531 x 25 x 2)100

                     =   26550100

                    =    265.5

        A         =   (P x n) +I

                   =    (531 x 24) + 265.5

                   =     12744 + 265.5

                   =     13009.5



5)  

 Imran deposits 526 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: 13281.5 



SOLUTION 1 :

Given:

       P             =     526

      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

                     =  (526 x 25 x 5)100

                     =   65750100

                    =    657.5

        A         =   (P x n) +I

                   =    (526 x 24) + 657.5

                   =     12624 + 657.5

                   =     13281.5



6)  

 Imran deposits 489 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: 11980.5 



SOLUTION 1 :

Given:

       P             =     489

      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

                     =  (489 x 25 x 2)100

                     =   24450100

                    =    244.5

        A         =   (P x n) +I

                   =    (489 x 24) + 244.5

                   =     11736 + 244.5

                   =     11980.5



7)  

 Imran deposits 214 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: 5243 



SOLUTION 1 :

Given:

       P             =     214

      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

                     =  (214 x 25 x 2)100

                     =   10700100

                    =    107

        A         =   (P x n) +I

                   =    (214 x 24) + 107

                   =     5136 + 107

                   =     5243



8)  

 Imran deposits 406 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: 10251.5 



SOLUTION 1 :

Given:

       P             =     406

      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

                     =  (406 x 25 x 5)100

                     =   50750100

                    =    507.5

        A         =   (P x n) +I

                   =    (406 x 24) + 507.5

                   =     9744 + 507.5

                   =     10251.5



9)  

 Imran deposits 300 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: 7350 



SOLUTION 1 :

Given:

       P             =     300

      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

                     =  (300 x 25 x 2)100

                     =   15000100

                    =    150

        A         =   (P x n) +I

                   =    (300 x 24) + 150

                   =     7200 + 150

                   =     7350



10)  

 Imran deposits 596 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: 15049 



SOLUTION 1 :

Given:

       P             =     596

      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

                     =  (596 x 25 x 5)100

                     =   74500100

                    =    745

        A         =   (P x n) +I

                   =    (596 x 24) + 745

                   =     14304 + 745

                   =     15049