MATHS QUIZ WEEK 4

Mr. X invest ₹ 10,000 every year starting from today for

next: 10 years. suppose interest rate is 8% pa compounded

annually. Calculate future value of the annuity.

• 𝟏, 𝟓𝟔, 𝟒𝟓𝟒. 𝟖𝟖

• 1,56,554.88

• 1,44,865.625

• none

How much amount is required to be invested every

year so as to accumulate ₹ 3,00,000 at the end of 10 years,

if interest is compounded annually at 10% ?

• 𝟏𝟖𝟖𝟐𝟑. 𝟔𝟓

• 18828

• 18828.65

• 18882.65

Determine the present value of perpetuity of ₹ 50,000

per month @ rate of interest 12% p.a. is _______

• ₹ 𝟓𝟎, 𝟎𝟎, 𝟎𝟎𝟎

• ₹ 𝟓5, 𝟎𝟎, 𝟎𝟎𝟎

• ₹ 45, 𝟎𝟎, 𝟎𝟎𝟎

• ₹ 6𝟎, 𝟎𝟎, 𝟎𝟎𝟎

In SI if the principal is ₹ 2,000 & the rate & time are

the roots of the equation x² − 11x + 30 = 0 then SI is:

• 500

• 600

• 700

• 800

Find effective rate of interest on 10,000 on which

interest is payable half yearly at 5% p.a.

• 5.06%

• 4%

• .4%

• 3%

SI = 0.125P at 10% p.a. Find time.

• 1.25 Y

• 25 Y

• 0.25 Y

• NONE

1/7 of a money is deposited at 4% p.a., ½ of a money

deposited at 5% p.a. & the remaining at the rate of 6%, then

total interest gained 730 find deposit amount

• 14,000

• 21,550

• 21,000

• 21,280

Find the compound interest if an amount of 50,000

is deposited in a bank for one year at the rate of 8% per

annum compounded semiannually.

• 3,080

• 4,080

• 5,456

• 7,856

What will be the population after 3 years when

present population is 25,000 and population increases at

the rate of 3% in I year, at 4% in II year and at 5% in III year?

• 29,118

• 27,000

• 30000

• 28,119

A person wants to lease out a machine costing

₹ 5,00,000 for 10 years. It has fixed a rental of ₹ 51,272 p.a.

payable annually starting from end of 1st year. Suppose rate

of interest is 10% p.a. compounded annually on which

money can be invested. To whom this agreement is favourable?

• Favour of Lessor

• Favour of Lessee

• Not for both

• Can't be determined