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 78807 . The value depreciated at the rate of 6% p.a. find the value after one year.


Answer:_______________




2)  

A motorcycle was bought at 78276 . The value depreciated at the rate of 4% p.a. find the value after one year.


Answer:_______________




3)  

A motorcycle was bought at 77154 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




4)  

A motorcycle was bought at 53929 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




5)  

A motorcycle was bought at 63293 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




6)  

A motorcycle was bought at 75961 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




7)  

A motorcycle was bought at 62258 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




8)  

A motorcycle was bought at 60615 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




9)  

A motorcycle was bought at 73195 . The value depreciated at the rate of 8% p.a. find the value after one year.


Answer:_______________




10)  

A motorcycle was bought at 79687 . The value depreciated at the rate of 3% p.a. find the value after one year.


Answer:_______________




 

1)  

A motorcycle was bought at 78807 . The value depreciated at the rate of 6% p.a. find the value after one year.

Answer: 74079


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        78807

       n             =     1 year

       r              =   6%

       A             =   P[ 1-(r100) ]n

                       =  78807[ 1-(6100) ]1

                       =   78807[1-0.06]1

                       =   78807 x 0.941

                       =    74079



2)  

A motorcycle was bought at 78276 . The value depreciated at the rate of 4% p.a. find the value after one year.

Answer: 75145


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        78276

       n             =     1 year

       r              =   4%

       A             =   P[ 1-(r100) ]n

                       =  78276[ 1-(4100) ]1

                       =   78276[1-0.04]1

                       =   78276 x 0.961

                       =    75145



3)  

A motorcycle was bought at 77154 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 75611


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        77154

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  77154[ 1-(2100) ]1

                       =   77154[1-0.02]1

                       =   77154 x 0.981

                       =    75611



4)  

A motorcycle was bought at 53929 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 50154


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        53929

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  53929[ 1-(7100) ]1

                       =   53929[1-0.07]1

                       =   53929 x 0.931

                       =    50154



5)  

A motorcycle was bought at 63293 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 58862


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        63293

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  63293[ 1-(7100) ]1

                       =   63293[1-0.07]1

                       =   63293 x 0.931

                       =    58862



6)  

A motorcycle was bought at 75961 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 72163


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        75961

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  75961[ 1-(5100) ]1

                       =   75961[1-0.05]1

                       =   75961 x 0.951

                       =    72163



7)  

A motorcycle was bought at 62258 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 59145


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        62258

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  62258[ 1-(5100) ]1

                       =   62258[1-0.05]1

                       =   62258 x 0.951

                       =    59145



8)  

A motorcycle was bought at 60615 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 59403


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        60615

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  60615[ 1-(2100) ]1

                       =   60615[1-0.02]1

                       =   60615 x 0.981

                       =    59403



9)  

A motorcycle was bought at 73195 . The value depreciated at the rate of 8% p.a. find the value after one year.

Answer: 67339


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        73195

       n             =     1 year

       r              =   8%

       A             =   P[ 1-(r100) ]n

                       =  73195[ 1-(8100) ]1

                       =   73195[1-0.08]1

                       =   73195 x 0.921

                       =    67339



10)  

A motorcycle was bought at 79687 . The value depreciated at the rate of 3% p.a. find the value after one year.

Answer: 77296


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        79687

       n             =     1 year

       r              =   3%

       A             =   P[ 1-(r100) ]n

                       =  79687[ 1-(3100) ]1

                       =   79687[1-0.03]1

                       =   79687 x 0.971

                       =    77296