Chapter 4: Math Applications - Math Mcqs for Grade 8

Q.  A refrigerator is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the interest on remaining amount for 2 years after deposit is

a. $2,148
b. $1,848
c. $1,948
d. $2,048


ANSWER: See Answer
 
No explanation is available for this question!
TasDia Network - Mcqs | Signature | Lyrics
MCQs:  The television is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the total hire purchase of television is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  The exchange rate between Japanese Yen and Euro on specific day is 1 Yen to 2.4 Euros. The Euros that are equivalent to 450 Japanese Yen are
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  If a handbag is sold for $2000 at gain of 20% on cost price then the cost is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  Michael wants to borrow some money for 48 months at 11% interest per year and pay $1950 in interest charges for his business expansion. The amount he could borrow is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  The compound interest on $7500 for 1 year at 8.5% per annum which is compounded monthly is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  Henry and Hazel earns income of $5000. The expenses they have to meet are food $500, house loan $450, electricity, water and gas $135. telephone $50 and car maintenance $155. The monthly saving as %age of income is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  Harry borrows $3000 for 5 years at rate of 8% per annum. The simple interest he has to pay is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  The general formula used to calculate interest is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  Henry put A$9000 in one year US$ fixed deposit account with bank at 5% simple interest per annum when exchange rate was at US$1 = A$3.5. The amount he invested in US dollars is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  The interest payable is dependable on
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  If the tax payable is $8000 for 8 months at rate of 16% then annual value of real estate property is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  Jane invests $15000 at 5% per annum compound interest which is compounded daily. If a year is equal to 365 days then the amount at the end of fifth day is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  In public library, 30% of books are classified as fiction and remainder as non-fiction. There are total 2400 more non-fiction books than fiction books. The total number of books in library is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  By converting the US$350 into Australian dollars whose buying rate is 2.03, the answer in A$ will be
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  The annual value of real estate property is $165,000. The tax payable for period of 10 months at rate of 18% is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  Hazel borrowed $250000 for 7 years at interest rate of 12% per year. The interest he must have to pay is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  In 2012, Jennifer earned gross annual income of $75000. She is entitled to following reliefs: personal $3500; wife $2500; 2 children $1500 each, life insurance premiums =$15,400 and gifts to charitable income = $25,350 then Jennifer's income tax is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  If refrigerator cash price is $1050 and shop owner offers it on 15% deposit plus 24 monthly payments then the price refrigerator offered by shop is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  Marry bought 180 mugs at $60 per dozen. If he sells each mug for $8 then profit as percentage of selling price is
Category: Mathematics Quizzes,   Published by: T-Code Scripts
MCQs:  If the arc of circle of radius 30 cm has a length of 19 cm then the angle subtended at center of circle is
Category: Mathematics Quizzes,   Published by: T-Code Scripts