Scroll:Life mathematics >> profit and loss >> saq (4313)


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)  

A motorcycle was bought at 56089 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




2)  

A motorcycle was bought at 52123 . The value depreciated at the rate of 6% p.a. find the value after one year.


Answer:_______________




3)  

A motorcycle was bought at 63011 . The value depreciated at the rate of 4% p.a. find the value after one year.


Answer:_______________




4)  

A motorcycle was bought at 71014 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




5)  

A motorcycle was bought at 61155 . The value depreciated at the rate of 6% p.a. find the value after one year.


Answer:_______________




6)  

A motorcycle was bought at 68651 . The value depreciated at the rate of 4% p.a. find the value after one year.


Answer:_______________




7)  

A motorcycle was bought at 76716 . The value depreciated at the rate of 8% p.a. find the value after one year.


Answer:_______________




8)  

A motorcycle was bought at 58355 . The value depreciated at the rate of 3% p.a. find the value after one year.


Answer:_______________




9)  

A motorcycle was bought at 55544 . The value depreciated at the rate of 3% p.a. find the value after one year.


Answer:_______________




10)  

A motorcycle was bought at 50914 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




 

1)  

A motorcycle was bought at 56089 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 53285


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        56089

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  56089[ 1-(5100) ]1

                       =   56089[1-0.05]1

                       =   56089 x 0.951

                       =    53285



2)  

A motorcycle was bought at 52123 . The value depreciated at the rate of 6% p.a. find the value after one year.

Answer: 48996


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        52123

       n             =     1 year

       r              =   6%

       A             =   P[ 1-(r100) ]n

                       =  52123[ 1-(6100) ]1

                       =   52123[1-0.06]1

                       =   52123 x 0.941

                       =    48996



3)  

A motorcycle was bought at 63011 . The value depreciated at the rate of 4% p.a. find the value after one year.

Answer: 60491


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        63011

       n             =     1 year

       r              =   4%

       A             =   P[ 1-(r100) ]n

                       =  63011[ 1-(4100) ]1

                       =   63011[1-0.04]1

                       =   63011 x 0.961

                       =    60491



4)  

A motorcycle was bought at 71014 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 69594


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        71014

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  71014[ 1-(2100) ]1

                       =   71014[1-0.02]1

                       =   71014 x 0.981

                       =    69594



5)  

A motorcycle was bought at 61155 . The value depreciated at the rate of 6% p.a. find the value after one year.

Answer: 57486


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        61155

       n             =     1 year

       r              =   6%

       A             =   P[ 1-(r100) ]n

                       =  61155[ 1-(6100) ]1

                       =   61155[1-0.06]1

                       =   61155 x 0.941

                       =    57486



6)  

A motorcycle was bought at 68651 . The value depreciated at the rate of 4% p.a. find the value after one year.

Answer: 65905


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        68651

       n             =     1 year

       r              =   4%

       A             =   P[ 1-(r100) ]n

                       =  68651[ 1-(4100) ]1

                       =   68651[1-0.04]1

                       =   68651 x 0.961

                       =    65905



7)  

A motorcycle was bought at 76716 . The value depreciated at the rate of 8% p.a. find the value after one year.

Answer: 70579


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        76716

       n             =     1 year

       r              =   8%

       A             =   P[ 1-(r100) ]n

                       =  76716[ 1-(8100) ]1

                       =   76716[1-0.08]1

                       =   76716 x 0.921

                       =    70579



8)  

A motorcycle was bought at 58355 . The value depreciated at the rate of 3% p.a. find the value after one year.

Answer: 56604


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        58355

       n             =     1 year

       r              =   3%

       A             =   P[ 1-(r100) ]n

                       =  58355[ 1-(3100) ]1

                       =   58355[1-0.03]1

                       =   58355 x 0.971

                       =    56604



9)  

A motorcycle was bought at 55544 . The value depreciated at the rate of 3% p.a. find the value after one year.

Answer: 53878


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        55544

       n             =     1 year

       r              =   3%

       A             =   P[ 1-(r100) ]n

                       =  55544[ 1-(3100) ]1

                       =   55544[1-0.03]1

                       =   55544 x 0.971

                       =    53878



10)  

A motorcycle was bought at 50914 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 47350


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        50914

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  50914[ 1-(7100) ]1

                       =   50914[1-0.07]1

                       =   50914 x 0.931

                       =    47350