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

11th Standard

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Business Maths

Time : 00:30:00 Hrs
Total Marks : 10
    5 x 2 = 10
  1. A person pays Rs 64,000 per annum for 12 years at the rate of 10% per year. Find the annuity [(1.1)12 = 3.3184]

  2. A limited company wants to create a fund to help their employees in critical circumstances. The estimated expenses per month is Rs. 18,000. Find the amount to be deposited by the company if the rate of compound interest is 15%.

  3. Find the present value of Rs. 2,000 per annum for 14 years at the rate of interest of 10% per annum. If the payments are made at the end of each payment period. [ (1.1)–14 = 0.2632]

  4. What is the amount of perpetual annuity of Rs. 50 at 5% compound interest per year?

  5. If the dividend received from 10% of Rs. 25 shares is Rs. 2000. Find the number of shares.

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