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11th Standard English Medium Business Maths Subject Financial Mathematics Book Back 2 Mark Questions with Solution Part - I

11th Standard

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Business Maths

Time : 00:30:00 Hrs
Total Marks : 10
    5 x 2 = 10
  1. Find the amount of an ordinary annuity of Rs. 3,200 per annum for 12 years at the rate of interest of 10% per year. [(1.1)12 = 3.3184]

  2. What is the present value of an annuity due of Rs. 1,500 for 16 years at 8% per annum? [(1.08)-16 = 0.2919]

  3. Find the market value of 325 shares of amount Rs. 100 at a premium of Rs. 18.

  4. Find the number of shares which will give an annual income of Rs. 3,600 from 12% stock of face value Rs. 100.

  5. Find the amount of annuity of Rs. 2000 payable at the end of each year for 4 years of money is worth 10% compounded annually [(1.1)4 = 1.4641]

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