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11th Standard English Medium Business Maths Subject Financial Mathematics Book Back 3 Mark Questions with Solution Part - I

11th Standard

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Business Maths

Time : 00:30:00 Hrs
Total Marks : 15
    5 x 3 = 15
  1. How much will be required to buy 125 of Rs. 25 shares at a discount of Rs. 7

  2. Which is better investment? 7% of Rs. 100 shares at Rs. 120 (or) 8% of Rs. 100 shares at Rs. 135.

  3. Find the amount of an ordinary annuity of Rs 500 payable at the end of each year for 7 years at 7% per year compounded annually.

  4. Find the amount of an ordinary annuity of Rs 600 is made at the end of every quarter for 10 years at the rate of 4% per year compounded quarterly.

  5. A cash prize of Rs. 1,500 is given to the student standing first in examination of Business Mathematics by a person every year. Find out the sum that the person has to deposit to meet this expense. Rate of interest is 12% p.a

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