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Fun day!
Morning play com.. then after that went to find jonathan.
i reach the time nobody there. so went to adam house there de mr bean buy food lol.
bought one kaya pancake. so after that met up le we went to ehub wan watch movie de.
but they check IC.. sian sia.. so cant watch coming soon.. so we went arcade play lor..
after that went to pastamania eat. lols the cream chicken soup nt bad what.
eat le we went ntuc buy drinks for bowling. wah waiting list for bowling very long lol.. queue until i 83..
so while waiting we went arcade again. then just nice we reach back orchird bowl our turn le.
lol we took lane 32 the last lane. haha 1st match i get 96 lol. after that deprove le.. jon from dunno how to play become can get 108 lol.. not fair.. bowl finish le all go home le. then i do my moodle.. -->
4NA Maths Quiz on Profit and Loss, Simple and Compound Interest
Question 1
Marks: 1
A merchant sells an article for $12 600 at a profit of 5%. Find the cost price of the article.
A. $11 970
B. $12 000
C. $12 500
D. $13 263
Question 2
Marks: 1
Peter pays $84 000 for a car which has been given 25% discount. What is the marked price of the car?
A. $63 000
B. $105 000
C. $112 000
D. $336 000
Question 3
Marks: 1
Kenneth bought a car at auction for $8650. He sold it and made 10% profit. What price did he sell it for?
A. $8736.50
B. $8888.00
C. $9515.00
D. $9999.00
Question 4
Marks: 1
By selling a watch at 20% discount off the marked price, a shop still makes 80% profit. If the marked price of the watch is $450, find the cost price of the watch.
A. $180.00
B. $200.00
C. $225.00
D. $370.50
Question 5
Marks: 1
A used car dealer bought a car from a wholesaler at $600. He marked the price up 50% from what he paid. When the car did not sell in 2 months, he had a 40% off sale. How much did he make or lose?
A. A loss of $60
B. A loss of $240
C. A profit of $60
D. A profit of $240
Question 6
Marks: 1
Elaine borrowed $1200 at 9% annual simple interest for 2 years. How much interest did she pay for the use of the money?
A. $54.00
B. $108.00
C. $216.00
D. $225.72
Question 7
Marks: 1
A sum of $700 is invested at a simple interest of 4% per annum. How long does it take for the amount to reach $784?
A. 0.48 years
B. 2.68 years
C. 3 years
D. 28 years
Question 8
Marks: 1
Find, correct to the nearest dollar, the compound interest on $24 000 at 10% p.a. for 2 years, compounded monthly
A. $4800
B. $5040
C. $5289
D. $29289
Question 9
Marks: 1
Find the difference between the simple interest and the compound interest (compounded annually) on a sum of $16 000 for 2 years at 6% per annum.
A. $57.60
B. $60.00
C. $71.60
D. $77.60
Question 10
Marks: 1
Jason has to buy, for his girlfriend, the limited edition of Hello Kitty porcelain figurines and they cost a bomb. There is no one whom he could turn to except Ah Long, the all-time “friendly” loan shark neighbour. He borrowed $1000 from him and agreed to pay compound interest at 5% per month, an interest rate which Ah Long guaranteed is “vely ceep awlady”. Calculate the total amount of money Jason has to pay Ah Long at the end of 5 months.
A. $1,250.00
B. $1,276.28
C. $1,300.00
D. $5,250.00
i got 7/10 lol. still got alot of test de.. nv go copy all la. lols.
go le la. bb.