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   5661. Poongodi wants to buy it in  6 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:_______________




2)  

 The cost of a microwave oven is   5577. Ovini wants to buy it in  6 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   5562. Ponnalagu wants to buy it in  6 instalments. If the company offers it at the rate of  14% 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   4374. Ovini wants to buy it in  7 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:_______________




5)  

 The cost of a microwave oven is   5748. Tamilselvi wants to buy it in  6 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:_______________




6)  

 The cost of a microwave oven is   5093. Mithra wants to buy it in  5 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:_______________




7)  

 The cost of a microwave oven is   4493. Keerthi wants to buy it in  7 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:_______________




8)  

 The cost of a microwave oven is   4441. Parveen wants to buy it in  8 instalments. If the company offers it at the rate of  14% 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   5967. Swathi wants to buy it in  7 instalments. If the company offers it at the rate of  14% 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   4376. Poovazhagi 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   5661. Poongodi wants to buy it in  6 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: 6000.66

E.M.I Answer: 1000


SOLUTION 1 :

Given:

       P     =       5661

       r      =     12%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (5661 x 0.50 x 12) /100

                                  =   33966.00 ÷ 100

                                  =  339.66

Total amount             =    P + I

                                  =    5661 + 339.66

                                  =     6000.66

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

                                   =   6000.66 ÷ 6

                                   =     1000



2)  

 The cost of a microwave oven is   5577. Ovini wants to buy it in  6 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: 5855.85

E.M.I Answer: 976


SOLUTION 1 :

Given:

       P     =       5577

       r      =     10%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (5577 x 0.50 x 10) /100

                                  =   27885.00 ÷ 100

                                  =  278.85

Total amount             =    P + I

                                  =    5577 + 278.85

                                  =     5855.85

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

                                   =   5855.85 ÷ 6

                                   =     976



3)  

 The cost of a microwave oven is   5562. Ponnalagu wants to buy it in  6 instalments. If the company offers it at the rate of  14% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5951.34

E.M.I Answer: 992


SOLUTION 1 :

Given:

       P     =       5562

       r      =     14%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (5562 x 0.50 x 14) /100

                                  =   38934.00 ÷ 100

                                  =  389.34

Total amount             =    P + I

                                  =    5562 + 389.34

                                  =     5951.34

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

                                   =   5951.34 ÷ 6

                                   =     992



4)  

 The cost of a microwave oven is   4374. Ovini wants to buy it in  7 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: 4627.69

E.M.I Answer: 661


SOLUTION 1 :

Given:

       P     =       4374

       r      =     10%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (4374 x 0.58 x 10) /100

                                  =   25369.20 ÷ 100

                                  =  253.69

Total amount             =    P + I

                                  =    4374 + 253.69

                                  =     4627.69

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

                                   =   4627.69 ÷ 7

                                   =     661



5)  

 The cost of a microwave oven is   5748. Tamilselvi wants to buy it in  6 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: 6092.88

E.M.I Answer: 1015


SOLUTION 1 :

Given:

       P     =       5748

       r      =     12%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (5748 x 0.50 x 12) /100

                                  =   34488.00 ÷ 100

                                  =  344.88

Total amount             =    P + I

                                  =    5748 + 344.88

                                  =     6092.88

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

                                   =   6092.88 ÷ 6

                                   =     1015



6)  

 The cost of a microwave oven is   5093. Mithra wants to buy it in  5 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: 5306.91

E.M.I Answer: 1061


SOLUTION 1 :

Given:

       P     =       5093

       r      =     10%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (5093 x 0.42 x 10) /100

                                  =   21390.60 ÷ 100

                                  =  213.91

Total amount             =    P + I

                                  =    5093 + 213.91

                                  =     5306.91

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

                                   =   5306.91 ÷ 5

                                   =     1061



7)  

 The cost of a microwave oven is   4493. Keerthi wants to buy it in  7 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: 4753.59

E.M.I Answer: 679


SOLUTION 1 :

Given:

       P     =       4493

       r      =     10%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (4493 x 0.58 x 10) /100

                                  =   26059.40 ÷ 100

                                  =  260.59

Total amount             =    P + I

                                  =    4493 + 260.59

                                  =     4753.59

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

                                   =   4753.59 ÷ 7

                                   =     679



8)  

 The cost of a microwave oven is   4441. Parveen wants to buy it in  8 instalments. If the company offers it at the rate of  14% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 4857.57

E.M.I Answer: 607


SOLUTION 1 :

Given:

       P     =       4441

       r      =     14%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (4441 x 0.67 x 14) /100

                                  =   41656.58 ÷ 100

                                  =  416.57

Total amount             =    P + I

                                  =    4441 + 416.57

                                  =     4857.57

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

                                   =   4857.57 ÷ 8

                                   =     607



9)  

 The cost of a microwave oven is   5967. Swathi wants to buy it in  7 instalments. If the company offers it at the rate of  14% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 6451.52

E.M.I Answer: 922


SOLUTION 1 :

Given:

       P     =       5967

       r      =     14%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (5967 x 0.58 x 14) /100

                                  =   48452.04 ÷ 100

                                  =  484.52

Total amount             =    P + I

                                  =    5967 + 484.52

                                  =     6451.52

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

                                   =   6451.52 ÷ 7

                                   =     922



10)  

 The cost of a microwave oven is   4376. Poovazhagi 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: 4698.51

E.M.I Answer: 587


SOLUTION 1 :

Given:

       P     =       4376

       r      =     11%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (4376 x 0.67 x 11) /100

                                  =   32251.12 ÷ 100

                                  =  322.51

Total amount             =    P + I

                                  =    4376 + 322.51

                                  =     4698.51

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

                                   =   4698.51 ÷ 8

                                   =     587