Scroll:Life mathematics >> profit and loss >> saq (4311)


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 cost of a microwave oven is   5045. Jeevini wants to buy it in  8 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




2)  

 The cost of a microwave oven is   5222. Nandini wants to buy it in  8 instalments. If the company offers it at the rate of  10% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




3)  

 The cost of a microwave oven is   5475. Savithri wants to buy it in  7 instalments. If the company offers it at the rate of  11% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




4)  

 The cost of a microwave oven is   5284. Nandini wants to buy it in  6 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




5)  

 The cost of a microwave oven is   5214. Chellamal wants to buy it in  8 instalments. If the company offers it at the rate of  11% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




6)  

 The cost of a microwave oven is   5002. Ramani wants to buy it in  7 instalments. If the company offers it at the rate of  12% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




7)  

 The cost of a microwave oven is   5696. Selvanayaki wants to buy it in  8 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




8)  

 The cost of a microwave oven is   5440. Ovini wants to buy it in  8 instalments. If the company offers it at the rate of  10% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




9)  

 The cost of a microwave oven is   5509. Mithra wants to buy it in  6 instalments. If the company offers it at the rate of  11% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




10)  

 The cost of a microwave oven is   5814. Chithra wants to buy it in  8 instalments. If the company offers it at the rate of  11% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total

E.M.I



Answer:_______________




 

1)  

 The cost of a microwave oven is   5045. Jeevini wants to buy it in  8 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5484.42

E.M.I Answer: 686


SOLUTION 1 :

Given:

       P     =       5045

       r      =     13%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (5045 x 0.67 x 13) /100

                                  =   43941.95 ÷ 100

                                  =  439.42

Total amount             =    P + I

                                  =    5045 + 439.42

                                  =     5484.42

    E. M. I                    =   Total amount / No of instalment

                                   =   5484.42 ÷ 8

                                   =     686



2)  

 The cost of a microwave oven is   5222. Nandini wants to buy it in  8 instalments. If the company offers it at the rate of  10% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5571.87

E.M.I Answer: 696


SOLUTION 1 :

Given:

       P     =       5222

       r      =     10%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (5222 x 0.67 x 10) /100

                                  =   34987.40 ÷ 100

                                  =  349.87

Total amount             =    P + I

                                  =    5222 + 349.87

                                  =     5571.87

    E. M. I                    =   Total amount / No of instalment

                                   =   5571.87 ÷ 8

                                   =     696



3)  

 The cost of a microwave oven is   5475. Savithri wants to buy it in  7 instalments. If the company offers it at the rate of  11% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5824.31

E.M.I Answer: 832


SOLUTION 1 :

Given:

       P     =       5475

       r      =     11%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (5475 x 0.58 x 11) /100

                                  =   34930.50 ÷ 100

                                  =  349.31

Total amount             =    P + I

                                  =    5475 + 349.31

                                  =     5824.31

    E. M. I                    =   Total amount / No of instalment

                                   =   5824.31 ÷ 7

                                   =     832



4)  

 The cost of a microwave oven is   5284. Nandini wants to buy it in  6 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5627.46

E.M.I Answer: 938


SOLUTION 1 :

Given:

       P     =       5284

       r      =     13%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (5284 x 0.50 x 13) /100

                                  =   34346.00 ÷ 100

                                  =  343.46

Total amount             =    P + I

                                  =    5284 + 343.46

                                  =     5627.46

    E. M. I                    =   Total amount / No of instalment

                                   =   5627.46 ÷ 6

                                   =     938



5)  

 The cost of a microwave oven is   5214. Chellamal wants to buy it in  8 instalments. If the company offers it at the rate of  11% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5598.27

E.M.I Answer: 700


SOLUTION 1 :

Given:

       P     =       5214

       r      =     11%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (5214 x 0.67 x 11) /100

                                  =   38427.18 ÷ 100

                                  =  384.27

Total amount             =    P + I

                                  =    5214 + 384.27

                                  =     5598.27

    E. M. I                    =   Total amount / No of instalment

                                   =   5598.27 ÷ 8

                                   =     700



6)  

 The cost of a microwave oven is   5002. Ramani wants to buy it in  7 instalments. If the company offers it at the rate of  12% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5350.14

E.M.I Answer: 764


SOLUTION 1 :

Given:

       P     =       5002

       r      =     12%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (5002 x 0.58 x 12) /100

                                  =   34813.92 ÷ 100

                                  =  348.14

Total amount             =    P + I

                                  =    5002 + 348.14

                                  =     5350.14

    E. M. I                    =   Total amount / No of instalment

                                   =   5350.14 ÷ 7

                                   =     764



7)  

 The cost of a microwave oven is   5696. Selvanayaki wants to buy it in  8 instalments. If the company offers it at the rate of  13% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 6192.12

E.M.I Answer: 774


SOLUTION 1 :

Given:

       P     =       5696

       r      =     13%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (5696 x 0.67 x 13) /100

                                  =   49612.16 ÷ 100

                                  =  496.12

Total amount             =    P + I

                                  =    5696 + 496.12

                                  =     6192.12

    E. M. I                    =   Total amount / No of instalment

                                   =   6192.12 ÷ 8

                                   =     774



8)  

 The cost of a microwave oven is   5440. Ovini wants to buy it in  8 instalments. If the company offers it at the rate of  10% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5804.48

E.M.I Answer: 726


SOLUTION 1 :

Given:

       P     =       5440

       r      =     10%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (5440 x 0.67 x 10) /100

                                  =   36448.00 ÷ 100

                                  =  364.48

Total amount             =    P + I

                                  =    5440 + 364.48

                                  =     5804.48

    E. M. I                    =   Total amount / No of instalment

                                   =   5804.48 ÷ 8

                                   =     726



9)  

 The cost of a microwave oven is   5509. Mithra wants to buy it in  6 instalments. If the company offers it at the rate of  11% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5812.00

E.M.I Answer: 969


SOLUTION 1 :

Given:

       P     =       5509

       r      =     11%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (5509 x 0.50 x 11) /100

                                  =   30299.50 ÷ 100

                                  =  303.00

Total amount             =    P + I

                                  =    5509 + 303.00

                                  =     5812.00

    E. M. I                    =   Total amount / No of instalment

                                   =   5812.00 ÷ 6

                                   =     969



10)  

 The cost of a microwave oven is   5814. Chithra wants to buy it in  8 instalments. If the company offers it at the rate of  11% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 6242.49

E.M.I Answer: 780


SOLUTION 1 :

Given:

       P     =       5814

       r      =     11%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (5814 x 0.67 x 11) /100

                                  =   42849.18 ÷ 100

                                  =  428.49

Total amount             =    P + I

                                  =    5814 + 428.49

                                  =     6242.49

    E. M. I                    =   Total amount / No of instalment

                                   =   6242.49 ÷ 8

                                   =     780