Question 1: If basic Salary of an employee is Rs. 10,000 per month then calculate the amount of
You also have to decide that which of these allowances/benefits are on basic salary and which are on gross salary (based on handouts/lectures). Percentage amount is mentioned against each allowances/benefits.
Question 2: The price of an item decreased from Rs. 760 to Rs. 700. What is the percentage change in the price of item?
Question 3: Suppose you take loan from a bank of amount Rs. 85000 at 6% interest compounded bi-annually/semiannually for three years. Find the compound interest.
Also solve the same question when
Question 4: Calculate the accumulated value if you deposit Rs. 8000 at the end of each year for the next 10 years? Assume an interest of 5% compounded annually.
Question 5: If you have two cars and in one car you fill up 15 liters of gasoline and in second car you fill up 5 liter of petrol. You pay Rs. 1510 for both filling. The price of gasoline (per liter) is Rs. 42 less that the price of petrol. Find the price per liter of gas and petrol.
Hint: Use matrices to solve the question.
Question 6: Why the inverse of following matrix is not possible
Question 7: Find the inverse of following matrix using MS Excel
Question 8: Find amount of markup and selling price on an item that costs Rs. 3600 if there is a 20% markup on cost.
Question 9: An item sells for 1200. If the markup on the cost is 18%, find the cost and the amount of the markup on sale.
Question 10: An item that cost for Rs. 1300 was marked up 18 % of the selling price. After some time the item is markdown 20 %. Calculate the sale price after markdown.
Tags:
non graded or Q itne sare ????????????????????????
wese Q 1 me just % le ge kia ????????????
plz tell me....
Question 1:
If basic Salary of an employee is Rs. 10,000 per month then calculate the amount of
You also have to decide that which of these allowances/benefits are on basic salary and which are on gross salary (based on handouts/lectures). Percentage amount is mentioned against each allowances/benefits.
Answer
= 10,000 + 4,500 + 1,000
= Rs. 15,500
Question 2:
The price of an item decreased from Rs. 760 to Rs. 700. What is the percentage change in the price of item?
Answer
Change = Final value – Initial Value
= 700 – 760
= - 60
% Change = (Change / Initial value) x 100%
= (-60 / 760) x 100%
= (- 0.079) x 100%
= - 7.9%
Question 3:
Suppose you take loan from a bank of amount Rs. 85000 at 6% interest compounded bi-annually/semiannually for three years. Find the compound interest.
Also solve the same question when
= 85,000 (1 + 6/100)^6
= 85,000 (1 + 0.06)^6
= 85,000 (1.06)^6
= 85,000 (1.4185)
S = Rs. 120,572.5
= 120,572.5- 85,000
= Rs. 35,572.5
= 85,000 (1 + 12 / 100)^3
= 85,000 (1 + 0.12)^3
= 85,000 (1.12)^3
= 85,000 (1.4049)
= Rs. 119,416.5
Compound Interest = S – P
= 119,416.5 - 85,000
= Rs. 34,416.5
= 85,000 (1 + 1 / 100)^36
= 85,000 (1 + 0.01)^36
= 85,000 (1.01)^36
= 85,000 (1.4308)
= Rs. 121,618
Compound Interest = S – P
= 121,618 - 85,000
= Rs 36,618
I think now it is okay. Thanks for pinpointing the mistake. God bless u.
compounded annually k solution mai (1.12)^3 = 1.404928 jb k apne complete value nhi likhi ... is se mere ans thora change a raha hai .. is that ok or not ?
No, problem. Your answer will be more accurate. Go ahead with your answer, please.
Question 4:
Calculate the accumulated value if you deposit Rs. 8000 at the end of each year for the next 10 years? Assume an interest of 5% compounded annually.
Answer
FV _{Ordinary Annuity} = C * [(1+i)^{n} – 1/i]
= 8,000 * [(1+0.05)^{10} – 1/0.05]
= 8,000 * [(1.05)^{10} – 1/0.05]
= 8,000 * [1.6289 – 1/0.05]
= 8,000 * [0.6289 / 0.05]
= 8,000 * 12.578
= 100,624
Annuity
It some point in your life you may have had to make a series of fixed payments over a period of time - such as rent or car payments - or have received a series of payments over a period of time, such as bond coupons. These are called annuities. Annuities are essentially series of fixed payments required from you or paid to you at a specified frequency over the course of a fixed period of time. An annuity is a type of investment that can provide a steady stream of income over a long period of time. For this reason, annuities are typically used to build retirement income, although they can also be a tool to save for a child’s education, create a trust fund, or provide for a surviving spouse or heirs.
The most common payment frequencies are yearly (once a year), semi-annually (twice a year), quarterly (four times a year) and monthly (once a month).
How to Get This Badge at Your Profile DP
------------------------------------
Management: Admins ::: Moderators
© 2021 Created by + M.Tariq Malik. Powered by
Promote Us | Report an Issue | Privacy Policy | Terms of Service
We are user-generated contents & non-commercial site. All product, videos, pictures & others contents on site don't seem to be beneath our Copyrights & belong to their respected owners & freely available on public domains. All Contents on site are for personal & non-commercial use.We believe in Our Policy & do according to them. If Any content is offensive in your Copyrights then please email at m.tariqmalik@gmail.com with copyright detail & We will happy to remove it immediately.
Management: Admins ::: Moderators
Awards Badges List | Moderators Group
All Members | Featured Members | Top Reputation Members | Angels Members | Intellectual Members | Criteria for Selection
Become a Team Member | Safety Guidelines for New | Site FAQ & Rules | Safety Matters | Online Safety | Rules For Blog Post