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 71157 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




2)  

A motorcycle was bought at 70539 . The value depreciated at the rate of 2% p.a. find the value after one year.


Answer:_______________




3)  

A motorcycle was bought at 71529 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




4)  

A motorcycle was bought at 69049 . The value depreciated at the rate of 6% p.a. find the value after one year.


Answer:_______________




5)  

A motorcycle was bought at 72787 . The value depreciated at the rate of 4% p.a. find the value after one year.


Answer:_______________




6)  

A motorcycle was bought at 77492 . The value depreciated at the rate of 5% p.a. find the value after one year.


Answer:_______________




7)  

A motorcycle was bought at 60637 . The value depreciated at the rate of 7% p.a. find the value after one year.


Answer:_______________




8)  

A motorcycle was bought at 62108 . The value depreciated at the rate of 6% p.a. find the value after one year.


Answer:_______________




9)  

A motorcycle was bought at 60023 . The value depreciated at the rate of 3% p.a. find the value after one year.


Answer:_______________




10)  

A motorcycle was bought at 51674 . The value depreciated at the rate of 3% p.a. find the value after one year.


Answer:_______________




 

1)  

A motorcycle was bought at 71157 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 67599


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        71157

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  71157[ 1-(5100) ]1

                       =   71157[1-0.05]1

                       =   71157 x 0.951

                       =    67599



2)  

A motorcycle was bought at 70539 . The value depreciated at the rate of 2% p.a. find the value after one year.

Answer: 69128


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        70539

       n             =     1 year

       r              =   2%

       A             =   P[ 1-(r100) ]n

                       =  70539[ 1-(2100) ]1

                       =   70539[1-0.02]1

                       =   70539 x 0.981

                       =    69128



3)  

A motorcycle was bought at 71529 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 66522


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        71529

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  71529[ 1-(7100) ]1

                       =   71529[1-0.07]1

                       =   71529 x 0.931

                       =    66522



4)  

A motorcycle was bought at 69049 . The value depreciated at the rate of 6% p.a. find the value after one year.

Answer: 64906


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        69049

       n             =     1 year

       r              =   6%

       A             =   P[ 1-(r100) ]n

                       =  69049[ 1-(6100) ]1

                       =   69049[1-0.06]1

                       =   69049 x 0.941

                       =    64906



5)  

A motorcycle was bought at 72787 . The value depreciated at the rate of 4% p.a. find the value after one year.

Answer: 69876


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        72787

       n             =     1 year

       r              =   4%

       A             =   P[ 1-(r100) ]n

                       =  72787[ 1-(4100) ]1

                       =   72787[1-0.04]1

                       =   72787 x 0.961

                       =    69876



6)  

A motorcycle was bought at 77492 . The value depreciated at the rate of 5% p.a. find the value after one year.

Answer: 73617


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        77492

       n             =     1 year

       r              =   5%

       A             =   P[ 1-(r100) ]n

                       =  77492[ 1-(5100) ]1

                       =   77492[1-0.05]1

                       =   77492 x 0.951

                       =    73617



7)  

A motorcycle was bought at 60637 . The value depreciated at the rate of 7% p.a. find the value after one year.

Answer: 56392


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        60637

       n             =     1 year

       r              =   7%

       A             =   P[ 1-(r100) ]n

                       =  60637[ 1-(7100) ]1

                       =   60637[1-0.07]1

                       =   60637 x 0.931

                       =    56392



8)  

A motorcycle was bought at 62108 . The value depreciated at the rate of 6% p.a. find the value after one year.

Answer: 58382


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        62108

       n             =     1 year

       r              =   6%

       A             =   P[ 1-(r100) ]n

                       =  62108[ 1-(6100) ]1

                       =   62108[1-0.06]1

                       =   62108 x 0.941

                       =    58382



9)  

A motorcycle was bought at 60023 . The value depreciated at the rate of 3% p.a. find the value after one year.

Answer: 58222


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        60023

       n             =     1 year

       r              =   3%

       A             =   P[ 1-(r100) ]n

                       =  60023[ 1-(3100) ]1

                       =   60023[1-0.03]1

                       =   60023 x 0.971

                       =    58222



10)  

A motorcycle was bought at 51674 . The value depreciated at the rate of 3% p.a. find the value after one year.

Answer: 50124


SOLUTION 1 :

Given  :

The value of motorcycle depreciates

       P             =        51674

       n             =     1 year

       r              =   3%

       A             =   P[ 1-(r100) ]n

                       =  51674[ 1-(3100) ]1

                       =   51674[1-0.03]1

                       =   51674 x 0.971

                       =    50124