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Let's practice 30 mcqs on
Math Applications
mcqs by everyone
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 amount of deposit made is
$1,600
$2,150
$1,950
$2,000
To buy a home, Nelda borrowed $250,000 for 5 years and paid $60,000 simple interest onloan.
rate of interest he paid is
8.40%
5.60%
4.80%
6.80%
Henry and Hazel earns income of $5000.
expenses they have to meet are food $500, house loan $450, electricity, water and gas $135.
telephone $50 and car maintenance $155.
monthly saving as %age of income is
35%
28.67%
38%
32.67%
Henry and Hazel earns income of $5000.
expenses they have to meet are food $500, house loan $450, electricity, water and gas $135.
telephone $50 and car maintenance $155.
total monthly expenses of Henry and Hazel are
$1,390
$1,290
$1,790
$1,500
In a city book store, 70% of books are classified as non-fiction and remainder asfiction.
There are total 2400 more non-fiction books than fictionbooks.
owner wants to increase fiction books by 7% at an average cost of $35. cost of new fiction books is
$1,990
$2,500
$1,890
$2,300
Rachel invested $10000 at 8% per annum then time Rachel will take to make it $15000 is
8 years
7.25 years
8.25 years
6.25 years
In college library, 30% of books are classified as fiction and remainder as non-fiction.
There are 2400 more books non-fiction category than fictioncategory.
total number of non-fiction books in library are
2200
4500
4200
3200
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. amount he invested in US dollars is
2671.43
2571.43
2871.43
2971.43
By converting US$350 into Australian dollars whose buying rate is 2.03, answer in A$ will be
A$710.5
A$810.5
A$750.5
A$780.5
General formula used to calculate interest is
principal x rate x time⁄100
principal x 100 x time⁄rate
principal x rate x 100⁄time
100 x rate x time⁄principal
If a book is sold for $250 at 15% loss on cost then cost price of book is
$350
$365
$294
$300
Amount of money lent or borrowed by investors is classified as
Interest Rate
inter bank exchange rate
the principal
compounded rate
Harry borrows $3000 for 5 years at rate of 8% perannum.
simple interest he has to pay is
$1,500
$1,200
$1,800
$2,250
A money changer exchanged Peso & Euro at rate of 3.9 peso = 1Euro.
amount received in Peso for 3500 Euro is
16650 peso
15650 peso
14650 peso
13650 peso
Shopkeeper paid $80 each for two pair ofshoes.
He sell first pair of shoes making profit of 35% of costprice.
He sell second pair of shoes at loss of 18% of costprice.
selling price of each pair of shoes respectively is
$123, $69.7
$125, $60.7
$110, $68.6
$108, $65.6
Interest payable is dependable on
Time
percentage rate
All of above
principal
Henry buys a designer furniture set at price of $1200.
He pays 25% deposit and interest in 36 months plus outstandingbalance.
interest charged on balance is 12%. total hire purchase price is
$1,724
$1,824
$1,524
$1,624
Exchange rate between Japanese Yen and Euro on specific day is 1 Yen to 2.4Euros.
Euros that are equivalent to 450 Japanese Yen are
2050 Japanese Yens
2080 Japanese Yens
2060 Japanese Yens
1080 Japanese Yens
Exchange rate between Sterling Pound and Euro on specific day is 1 Sterling pound = 2.4Euros.
Sterling Pound that are equivalent to 850 Euros are
654.16
454.16
754.16
354.16
In public library, 30% of books are classified as fiction and remainder as non-fiction.
There are total 2400 more non-fiction books than fictionbooks.
total number of books in library is
7000
6000
5000
4000
A money changer exchanged Indian Rupee and US$ at rate of 38..95 Indian Rupee = US$1. amount received for US$180 in Indian Rupee is
7055 R
7011 R
8055 R
8011 R
In public library, 30% of books are classified as fiction and remainder as non-fiction.
There are total 2400 more non-fiction books than fictionbooks.
number of books in fiction category are
2000
1800
1900
1750
If a refrigerator is advertised for $215 inclusive of 7% GST then original price is
$210.95
$325.95
$225.95
$199.95
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 monthly installment is
$437
$457
$427
$447
Marry bought 180 mugs at $60 perdozen.
If he sells each mug for $8 then profit as percentage of selling price is
40%
37.50%
32.50%
38.50%
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