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 68101 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




2)  

A motorcycle was bought at 71293 . The value depreciated at the rate of 6% p.a. find the value after one year.


Answer:_______________




3)  

A motorcycle was bought at 73711 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




4)  

A motorcycle was bought at 70077 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




5)  

A motorcycle was bought at 70341 . The value depreciated at the rate of 6% p.a. find the value after one year.


Answer:_______________




6)  

A motorcycle was bought at 77421 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




7)  

A motorcycle was bought at 75930 . The value depreciated at the rate of 3% p.a. find the value after one year.


Answer:_______________




8)  

A motorcycle was bought at 67994 . The value depreciated at the rate of 8% p.a. find the value after one year.


Answer:_______________




9)  

A motorcycle was bought at 79586 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




10)  

A motorcycle was bought at 71335 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




 

1)  

A motorcycle was bought at 68101 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 66739


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        68101

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  68101[ 1-(2100) ]1

                       =   68101[1-0.02]1

                       =   68101 x 0.981

                       =    66739



2)  

A motorcycle was bought at 71293 . The value depreciated at the rate of 6% p.a. find the value after one year.

Answer: 67015


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        71293

       n             =     1 year

       r              =   6%

       A             =   P[ 1-(r100) ]n

                       =  71293[ 1-(6100) ]1

                       =   71293[1-0.06]1

                       =   71293 x 0.941

                       =    67015



3)  

A motorcycle was bought at 73711 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 72237


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        73711

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  73711[ 1-(2100) ]1

                       =   73711[1-0.02]1

                       =   73711 x 0.981

                       =    72237



4)  

A motorcycle was bought at 70077 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 66573


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        70077

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  70077[ 1-(5100) ]1

                       =   70077[1-0.05]1

                       =   70077 x 0.951

                       =    66573



5)  

A motorcycle was bought at 70341 . The value depreciated at the rate of 6% p.a. find the value after one year.

Answer: 66121


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        70341

       n             =     1 year

       r              =   6%

       A             =   P[ 1-(r100) ]n

                       =  70341[ 1-(6100) ]1

                       =   70341[1-0.06]1

                       =   70341 x 0.941

                       =    66121



6)  

A motorcycle was bought at 77421 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 73550


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        77421

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  77421[ 1-(5100) ]1

                       =   77421[1-0.05]1

                       =   77421 x 0.951

                       =    73550



7)  

A motorcycle was bought at 75930 . The value depreciated at the rate of 3% p.a. find the value after one year.

Answer: 73652


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        75930

       n             =     1 year

       r              =   3%

       A             =   P[ 1-(r100) ]n

                       =  75930[ 1-(3100) ]1

                       =   75930[1-0.03]1

                       =   75930 x 0.971

                       =    73652



8)  

A motorcycle was bought at 67994 . The value depreciated at the rate of 8% p.a. find the value after one year.

Answer: 62554


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        67994

       n             =     1 year

       r              =   8%

       A             =   P[ 1-(r100) ]n

                       =  67994[ 1-(8100) ]1

                       =   67994[1-0.08]1

                       =   67994 x 0.921

                       =    62554



9)  

A motorcycle was bought at 79586 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 74015


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        79586

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  79586[ 1-(7100) ]1

                       =   79586[1-0.07]1

                       =   79586 x 0.931

                       =    74015



10)  

A motorcycle was bought at 71335 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 67768


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        71335

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  71335[ 1-(5100) ]1

                       =   71335[1-0.05]1

                       =   71335 x 0.951

                       =    67768