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 73428 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




2)  

A motorcycle was bought at 71355 . The value depreciated at the rate of 8% p.a. find the value after one year.


Answer:_______________




3)  

A motorcycle was bought at 78558 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




4)  

A motorcycle was bought at 61759 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




5)  

A motorcycle was bought at 69003 . The value depreciated at the rate of 6% p.a. find the value after one year.


Answer:_______________




6)  

A motorcycle was bought at 51438 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




7)  

A motorcycle was bought at 70157 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




8)  

A motorcycle was bought at 58129 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




9)  

A motorcycle was bought at 59136 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




10)  

A motorcycle was bought at 53410 . The value depreciated at the rate of 4% p.a. find the value after one year.


Answer:_______________




 

1)  

A motorcycle was bought at 73428 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 69757


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        73428

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  73428[ 1-(5100) ]1

                       =   73428[1-0.05]1

                       =   73428 x 0.951

                       =    69757



2)  

A motorcycle was bought at 71355 . The value depreciated at the rate of 8% p.a. find the value after one year.

Answer: 65647


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        71355

       n             =     1 year

       r              =   8%

       A             =   P[ 1-(r100) ]n

                       =  71355[ 1-(8100) ]1

                       =   71355[1-0.08]1

                       =   71355 x 0.921

                       =    65647



3)  

A motorcycle was bought at 78558 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 74630


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        78558

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  78558[ 1-(5100) ]1

                       =   78558[1-0.05]1

                       =   78558 x 0.951

                       =    74630



4)  

A motorcycle was bought at 61759 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 60524


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        61759

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  61759[ 1-(2100) ]1

                       =   61759[1-0.02]1

                       =   61759 x 0.981

                       =    60524



5)  

A motorcycle was bought at 69003 . The value depreciated at the rate of 6% p.a. find the value after one year.

Answer: 64863


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        69003

       n             =     1 year

       r              =   6%

       A             =   P[ 1-(r100) ]n

                       =  69003[ 1-(6100) ]1

                       =   69003[1-0.06]1

                       =   69003 x 0.941

                       =    64863



6)  

A motorcycle was bought at 51438 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 50409


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        51438

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  51438[ 1-(2100) ]1

                       =   51438[1-0.02]1

                       =   51438 x 0.981

                       =    50409



7)  

A motorcycle was bought at 70157 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 65246


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        70157

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  70157[ 1-(7100) ]1

                       =   70157[1-0.07]1

                       =   70157 x 0.931

                       =    65246



8)  

A motorcycle was bought at 58129 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 55223


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        58129

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  58129[ 1-(5100) ]1

                       =   58129[1-0.05]1

                       =   58129 x 0.951

                       =    55223



9)  

A motorcycle was bought at 59136 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 56179


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        59136

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  59136[ 1-(5100) ]1

                       =   59136[1-0.05]1

                       =   59136 x 0.951

                       =    56179



10)  

A motorcycle was bought at 53410 . The value depreciated at the rate of 4% p.a. find the value after one year.

Answer: 51274


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        53410

       n             =     1 year

       r              =   4%

       A             =   P[ 1-(r100) ]n

                       =  53410[ 1-(4100) ]1

                       =   53410[1-0.04]1

                       =   53410 x 0.961

                       =    51274