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   4330. Tamilselvi 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:_______________




2)  

 The cost of a microwave oven is   4667. Parveen wants to buy it in  6 instalments. If the company offers it at the rate of  15% 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   4153. Pavi wants to buy it in  6 instalments. If the company offers it at the rate of  15% 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   4054. Thamarai wants to buy it in  5 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:_______________




5)  

 The cost of a microwave oven is   5780. Keerthi 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:_______________




6)  

 The cost of a microwave oven is   5408. Swathi wants to buy it in  5 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:_______________




7)  

 The cost of a microwave oven is   5277. Poongodi 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:_______________




8)  

 The cost of a microwave oven is   4508. Indra 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:_______________




9)  

 The cost of a microwave oven is   5153. Nandini 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   4587. Poovazhagi 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:_______________




 

1)  

 The cost of a microwave oven is   4330. Tamilselvi 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: 4681.60

E.M.I Answer: 669


SOLUTION 1 :

Given:

       P     =       4330

       r      =     14%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (4330 x 0.58 x 14) /100

                                  =   35159.60 ÷ 100

                                  =  351.60

Total amount             =    P + I

                                  =    4330 + 351.60

                                  =     4681.60

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

                                   =   4681.60 ÷ 7

                                   =     669



2)  

 The cost of a microwave oven is   4667. Parveen wants to buy it in  6 instalments. If the company offers it at the rate of  15% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 5017.03

E.M.I Answer: 836


SOLUTION 1 :

Given:

       P     =       4667

       r      =     15%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (4667 x 0.50 x 15) /100

                                  =   35002.50 ÷ 100

                                  =  350.03

Total amount             =    P + I

                                  =    4667 + 350.03

                                  =     5017.03

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

                                   =   5017.03 ÷ 6

                                   =     836



3)  

 The cost of a microwave oven is   4153. Pavi wants to buy it in  6 instalments. If the company offers it at the rate of  15% p.a. Simple interest , find the E.M.I. and the total amount paid by her.

Total Answer: 4464.48

E.M.I Answer: 744


SOLUTION 1 :

Given:

       P     =       4153

       r      =     15%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (4153 x 0.50 x 15) /100

                                  =   31147.50 ÷ 100

                                  =  311.48

Total amount             =    P + I

                                  =    4153 + 311.48

                                  =     4464.48

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

                                   =   4464.48 ÷ 6

                                   =     744



4)  

 The cost of a microwave oven is   4054. Thamarai wants to buy it in  5 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: 4241.29

E.M.I Answer: 848


SOLUTION 1 :

Given:

       P     =       4054

       r      =     11%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (4054 x 0.42 x 11) /100

                                  =   18729.48 ÷ 100

                                  =  187.29

Total amount             =    P + I

                                  =    4054 + 187.29

                                  =     4241.29

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

                                   =   4241.29 ÷ 5

                                   =     848



5)  

 The cost of a microwave oven is   5780. Keerthi 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: 6097.90

E.M.I Answer: 1016


SOLUTION 1 :

Given:

       P     =       5780

       r      =     11%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (5780 x 0.50 x 11) /100

                                  =   31790.00 ÷ 100

                                  =  317.90

Total amount             =    P + I

                                  =    5780 + 317.90

                                  =     6097.90

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

                                   =   6097.90 ÷ 6

                                   =     1016



6)  

 The cost of a microwave oven is   5408. Swathi wants to buy it in  5 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: 5725.99

E.M.I Answer: 1145


SOLUTION 1 :

Given:

       P     =       5408

       r      =     14%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (5408 x 0.42 x 14) /100

                                  =   31799.04 ÷ 100

                                  =  317.99

Total amount             =    P + I

                                  =    5408 + 317.99

                                  =     5725.99

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

                                   =   5725.99 ÷ 5

                                   =     1145



7)  

 The cost of a microwave oven is   5277. Poongodi 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: 5705.49

E.M.I Answer: 815


SOLUTION 1 :

Given:

       P     =       5277

       r      =     14%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (5277 x 0.58 x 14) /100

                                  =   42849.24 ÷ 100

                                  =  428.49

Total amount             =    P + I

                                  =    5277 + 428.49

                                  =     5705.49

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

                                   =   5705.49 ÷ 7

                                   =     815



8)  

 The cost of a microwave oven is   4508. Indra 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: 4769.46

E.M.I Answer: 681


SOLUTION 1 :

Given:

       P     =       4508

       r      =     10%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (4508 x 0.58 x 10) /100

                                  =   26146.40 ÷ 100

                                  =  261.46

Total amount             =    P + I

                                  =    4508 + 261.46

                                  =     4769.46

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

                                   =   4769.46 ÷ 7

                                   =     681



9)  

 The cost of a microwave oven is   5153. Nandini 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: 5436.42

E.M.I Answer: 906


SOLUTION 1 :

Given:

       P     =       5153

       r      =     11%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (5153 x 0.50 x 11) /100

                                  =   28341.50 ÷ 100

                                  =  283.42

Total amount             =    P + I

                                  =    5153 + 283.42

                                  =     5436.42

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

                                   =   5436.42 ÷ 6

                                   =     906



10)  

 The cost of a microwave oven is   4587. Poovazhagi 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: 4879.65

E.M.I Answer: 697


SOLUTION 1 :

Given:

       P     =       4587

       r      =     11%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (4587 x 0.58 x 11) /100

                                  =   29265.06 ÷ 100

                                  =  292.65

Total amount             =    P + I

                                  =    4587 + 292.65

                                  =     4879.65

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

                                   =   4879.65 ÷ 7

                                   =     697