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   5994. Amutha 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:_______________




2)  

 The cost of a microwave oven is   4503. Indra wants to buy it in  7 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:_______________




3)  

 The cost of a microwave oven is   4842. Thamarai 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:_______________




4)  

 The cost of a microwave oven is   4732. Savithri wants to buy it in  5 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:_______________




5)  

 The cost of a microwave oven is   4158. Chithra 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:_______________




6)  

 The cost of a microwave oven is   5171. 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   4246. Kumutha 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:_______________




8)  

 The cost of a microwave oven is   5846. Tulasi 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:_______________




9)  

 The cost of a microwave oven is   5972. Pavi wants to buy it in  5 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:_______________




10)  

 The cost of a microwave oven is   5203. Poovazhagi wants to buy it in  7 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:_______________




 

1)  

 The cost of a microwave oven is   5994. Amutha 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: 6376.42

E.M.I Answer: 911


SOLUTION 1 :

Given:

       P     =       5994

       r      =     11%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (5994 x 0.58 x 11) /100

                                  =   38241.72 ÷ 100

                                  =  382.42

Total amount             =    P + I

                                  =    5994 + 382.42

                                  =     6376.42

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

                                   =   6376.42 ÷ 7

                                   =     911



2)  

 The cost of a microwave oven is   4503. Indra wants to buy it in  7 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: 4842.53

E.M.I Answer: 692


SOLUTION 1 :

Given:

       P     =       4503

       r      =     13%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (4503 x 0.58 x 13) /100

                                  =   33952.62 ÷ 100

                                  =  339.53

Total amount             =    P + I

                                  =    4503 + 339.53

                                  =     4842.53

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

                                   =   4842.53 ÷ 7

                                   =     692



3)  

 The cost of a microwave oven is   4842. Thamarai 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: 5156.73

E.M.I Answer: 859


SOLUTION 1 :

Given:

       P     =       4842

       r      =     13%

  No of instalments n =   612 years

                                  =   0.50

 Total interest            =   Pnr /100

                                  =  (4842 x 0.50 x 13) /100

                                  =   31473.00 ÷ 100

                                  =  314.73

Total amount             =    P + I

                                  =    4842 + 314.73

                                  =     5156.73

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

                                   =   5156.73 ÷ 6

                                   =     859



4)  

 The cost of a microwave oven is   4732. Savithri wants to buy it in  5 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: 4970.49

E.M.I Answer: 994


SOLUTION 1 :

Given:

       P     =       4732

       r      =     12%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (4732 x 0.42 x 12) /100

                                  =   23849.28 ÷ 100

                                  =  238.49

Total amount             =    P + I

                                  =    4732 + 238.49

                                  =     4970.49

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

                                   =   4970.49 ÷ 5

                                   =     994



5)  

 The cost of a microwave oven is   4158. Chithra 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: 4399.16

E.M.I Answer: 628


SOLUTION 1 :

Given:

       P     =       4158

       r      =     10%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (4158 x 0.58 x 10) /100

                                  =   24116.40 ÷ 100

                                  =  241.16

Total amount             =    P + I

                                  =    4158 + 241.16

                                  =     4399.16

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

                                   =   4399.16 ÷ 7

                                   =     628



6)  

 The cost of a microwave oven is   5171. 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: 5530.90

E.M.I Answer: 790


SOLUTION 1 :

Given:

       P     =       5171

       r      =     12%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (5171 x 0.58 x 12) /100

                                  =   35990.16 ÷ 100

                                  =  359.90

Total amount             =    P + I

                                  =    5171 + 359.90

                                  =     5530.90

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

                                   =   5530.90 ÷ 7

                                   =     790



7)  

 The cost of a microwave oven is   4246. Kumutha 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: 4644.27

E.M.I Answer: 581


SOLUTION 1 :

Given:

       P     =       4246

       r      =     14%

  No of instalments n =   812 years

                                  =   0.67

 Total interest            =   Pnr /100

                                  =  (4246 x 0.67 x 14) /100

                                  =   39827.48 ÷ 100

                                  =  398.27

Total amount             =    P + I

                                  =    4246 + 398.27

                                  =     4644.27

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

                                   =   4644.27 ÷ 8

                                   =     581



8)  

 The cost of a microwave oven is   5846. Tulasi 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: 6320.70

E.M.I Answer: 903


SOLUTION 1 :

Given:

       P     =       5846

       r      =     14%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (5846 x 0.58 x 14) /100

                                  =   47469.52 ÷ 100

                                  =  474.70

Total amount             =    P + I

                                  =    5846 + 474.70

                                  =     6320.70

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

                                   =   6320.70 ÷ 7

                                   =     903



9)  

 The cost of a microwave oven is   5972. Pavi wants to buy it in  5 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: 6298.07

E.M.I Answer: 1260


SOLUTION 1 :

Given:

       P     =       5972

       r      =     13%

  No of instalments n =   512 years

                                  =   0.42

 Total interest            =   Pnr /100

                                  =  (5972 x 0.42 x 13) /100

                                  =   32607.12 ÷ 100

                                  =  326.07

Total amount             =    P + I

                                  =    5972 + 326.07

                                  =     6298.07

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

                                   =   6298.07 ÷ 5

                                   =     1260



10)  

 The cost of a microwave oven is   5203. Poovazhagi wants to buy it in  7 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: 5655.66

E.M.I Answer: 808


SOLUTION 1 :

Given:

       P     =       5203

       r      =     15%

  No of instalments n =   712 years

                                  =   0.58

 Total interest            =   Pnr /100

                                  =  (5203 x 0.58 x 15) /100

                                  =   45266.10 ÷ 100

                                  =  452.66

Total amount             =    P + I

                                  =    5203 + 452.66

                                  =     5655.66

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

                                   =   5655.66 ÷ 7

                                   =     808