MCQs: The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: Engr. Trinidad loans from a loan firm an amount of P100,000 with a rate of simple interest of 20% but the interest was deducted from the loan at the time the money was borrowed. If at the end of one year, she has to pay the full amount of P100,000, what is the actual rate of interest ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A college freshman borrowed P2,000 from a bank for his tuition fee and promised to pay the amount for one year. He received only the amount of P1,920 after the bank collected the advance interest of P80.00. What was the rate of discount ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 noninterest for 180 days. If discounted at once, find the proceeds of the note?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: Miss Evilla borrowed money from a bank. She receives from the bank P1,340.00 and promised to pay P1,500.00 at the end of 9 months. Determine the corresponding discount rate or often referred to as the “banker’s discount”?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: What is the ordinary interest on P1,500.50 for 182 days at 5.2% ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: What is the effective rate corresponding to 18% compounded daily? Take 1 year is equal to 360 days______________?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: Which of these gives the lowest effective rate of interest ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: How long will it take money to double itself if invested at 5% compounded annually ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts

MCQs: Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded ?
Category: Civil Engineering Mcqs, Published by: TCode Scripts
