11th Standard Syllabus & Materials
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Published on: 13/12/2019
Financial Mathematics
Download Tamil Nadu 11th Standard Business Maths and Statistics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Business Maths and Statistics Test

1.
Find the market value of 62 shares available at Rs. 132 having the par value of Rs. 100.
2.
Find the number of shares which will give an annual income of Rs. 3,600 from 12% stock of face value Rs. 100.
3.
If the dividend received from 10% of Rs. 25 shares is Rs. 2000. Find the number of shares.
4.
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]
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
6.
Which is better investment? 7% of Rs. 100 shares at Rs. 120 (or) 8% of Rs. 100 shares at Rs. 135.
7.
Find the amount at the end of 12 years of an annuity of Rs 5,000 payable at the beginning of each year, if the money is compounded at 10% per annum. [(1.1)12 = 3.1384]
8.
Find the present value of an annuity of Rs. 900 payable at the end of 6th months for 6 years. The money compounded at 8% per annum. [(1.04)–12 = 0.6252 ]
9.
The age of the girl is 2 years. Her father wants to get Rs. 20,00,000 when his ward becomes 22 years. He opens an account with a bank at 10% rate of compound interest. What amount should he deposit at the end of every month in this recurring account? [(1.0083)240 = 6.194].
10.
What amount should be deposited annually so that after 16 years a person receives Rs. 1,67,160 if the interest rate is 15% [(1.15)16 = 9.358]
11.
A company has a total capital of Rs.5,00,000 divide into 1000 preference shares of 6% dividend with par value RS.100 each and 4000 ordinary shares of per value Rs.100 each. The company delares an annual dividend of Rs.40,000. Find the dividend received by Sundar having 100 preference shares and 200 ordinary shares.
12.
A man, deposits Rs.75 at the end of 6 months in a bank which pays interest at 8% compounded semiannually. How much is to his credit at the end of 10 years?
13.
The capital of a company is made up of 50,000 preferences shares with a dividend of 16% and 2,500 ordinary shares. The par value of each of preference and ordinary shares is Rs. 10. The company had a total profit of Rs. 1,60,000. If Rs. 20,000 were kept in reserve and Rs. 10,000 in depreciation, what percent of dividend is paid to the ordinary share holders
14.
A man sells 2000 ordinary shares (par value Rs. 10) of a tea company which pays a dividend of 25% at Rs. 33 per share. He invests the proceeds in cotton textiles (par value Rs. 25) ordinary shares at 44 per share which pays a dividend of 15%. Find
(i) the number of cotton textiles shares purchased and
(ii) change in his dividend income.
15.
16.
The present value of the perpetual annuity of Rs. 2000 paid monthly at 10 % compound interest is _______.
Rs. 2,40,000
Rs. 6,00,000
Rs. 20,40,000
Rs. 2,00,400
17.
A invested some money in 10% stock at Rs.96. If B wants to invest in an equally good 12% stock, he must purchase a stock worth of _______.
Rs. 80
Rs. 115.20
Rs. 120
Rs. 125.40
18.
The % Income on 7 % stock at Rs. 80 is _______.
9%
8.75%
8%
7%
19.
A person brought 100 shares of 9% stock of face value Rs. 100, at a discount of 10%, then the stock purchased is _______.
Rs. 9000
Rs. 6000
Rs. 5000
Rs. 4000
1.
Market value of 325 shares
= No. of. shares x M.V of 1 share
= 62 x 132 = Rs. 8184
2.
Let ‘x’ be the number of shares.
Face Value = Rs. 100
Face value of ‘x’ shares = Rs. 100x
\(\frac{12}{100}\times 100x=Rs. 3600\)
12 x = 3600 \(\Rightarrow\) x = 300
Hence the number of shares = 300
3.
Let x be the number of shares.
Face value of ‘x’ shares = Rs. 25 x
Now \(\frac{10}{100}\times 25x=Rs. 2,000\)
\(\Rightarrow x=\frac{2000\times 100}{25\times 10}=800\)
Hence the number of shares = 800
4.
Here a = 64,000, n = 12 and i = \(\frac{10}{100}=0.1\)
Amount of Ordinary annuity (A) = \(\frac{a}{i}[(1+i)^n-1]\)
= \(\frac{64000}{0.1}[(1+0.1)^{12}-1]\)
= 6,40,000 [(1.1)12 – 1]
= 6,40,000[3.3184 – 1]
= 6,40,000 [2.3184]
= 64 x 23184
∴ A = Rs. 14,83,776.
5.
a = Rs.1500; i = 12/100 = 0.12
P = \(\frac { a }{ i } =\frac { 1500 }{ 0.12 } \) = Rs.12,500
The person has to deposit Rs.12,500 to meet this expense.
6.
Let Investment in each stock be 120 x 135
At 7% stock
Investment = 120, Income = 7
Investment = 120 x 135
Income = \(\cfrac { 7\times120\times135 }{ 120 }=Rs.945\)
At 8% stock
Investment = 135, Income = 8
Investment = 120 x 135
Income =\(\cfrac { 8 \times 120 \times135 }{ 135 }=Rs.960\)
\(\therefore\) 8% of Rs.100 shares at Rs.135 is a better investment .
7.
a = Rs.5000, i = \(\frac{10}{100}\) = 0.1, n = 12
\(A=\frac { a(1+i) }{ i } \left[ (1+i)^{ n }-1 \right] \)
\( \left[ \left( 1.1 \right) ^{ 12 }=3.1384 \right] \)
=\(\cfrac { 5000\left( 1.1 \right) }{ 0.1 } \left[ \left( 1.1 \right) ^{ 12 }-1 \right] \)
= 55,000 [3.1384 - 1]
= 55,000 [2.1384]
= Rs. 1,17,612
8.
a = Rs. 900, i = \(\cfrac { 8 }{ 200 } \) = 0.04, n = 6 x 2 = 12
P = \(\cfrac { a }{ i } \left[ 1-\left( 1+i \right) ^{ -n } \right] \)
\(=\cfrac { 900 }{ 0.04 } \left[ 1-\left( 1.04 \right) ^{ -12 } \right] \)
= 22500 [1 - 0.6252]
= Rs. 8433
9.
Here A = 20,00,000 ; i = \(\frac{10}{100}=0.1\) n = 20 and k = 12
\(A=\frac{a}{i/k}[1+\frac{i}{k}^{nk}-1]\)
\(20,00,000=\frac{\frac{a}{0.1}}{12}[(1+\frac{0.1}{12})^{20\times 12}-1]\)
\(=\frac{12a}{0.1}[(1+\frac{0.1}{12})^{240}-1]\)
\(=12a[(\frac{12.1}{12})^{240}-1]\)
= 120a [(1.0083)240–1]
= 120a [6.194–1]
= 120a (5.194)
⇒ a = \(\frac{20,00,000}{120\times 2.194}\) = 3208.83
∴ a ≈ 3,209
Rs. 3,209 is to be deposited at the end of every month.
10.
Here A = 1,67,160, n = 16 i = \(\frac{15}{100}=0.15\) a = ?
To find: a
Now A = \(\frac{a}{i}[(1+i)^n-1]\)
1,67,160 = \(\frac{a}{0.15}[(1+0.15)^{16}-1]\)
= \(\frac{a}{15}[(1.15)^{16}-1]\)
⇒ a = \(\frac{1,67,160\times 0.15}{(1.15)^{16}-1}\)
a = \(\frac{1,67,160\times 0.15}{9.358-1}\)
= \(\frac{1,67,160\times 0.15}{8.358}\)
= 3,000
Therefore a = Rs.3,000
11.
Number of preference shares = 1000
Preferential stock = 1000 X 100 = Rs.1,00,000
Ordinary shares = 4000
Ordinary shares = 4000 x 100 = Rs.4,00,000
Total dividend = Rs.40,000
Dividend on preference share=\(\frac { 1,00,000 }{ 100 } \) x 6 = Rs.6,000
Dividend on ordinary shares=Total dividend-dividend on preference shares
= 40,000-6000
=Rs.34,000
Sundar's income on preference shares
= No.of shares X FV XRate percentage
=100 x 100 x \(\frac { 6 }{ 100 } \)
=Rs.600 ...(1)
Sundar's income on ordinary shares
=\(\frac { 2500 \times 100 }{ 4,00,000 } \) x 34,000=Rs.1700 ..(2)
\(\therefore\)Sundar's total income = 600+1700
= Rs.2300
12.
Given a = Rs.75, i=\(\cfrac { 8 }{ 12 } \)% = 4% = 0.004,n = 10 X 2 =20
A = \(\cfrac { a }{ i } \left[ \left( 1+i \right) ^{ n }-1 \right] \)
=\(\cfrac { 75 }{ 0.04 } \) [(1.04)20-1]
=1875 (2.1878-1)
= 1875(1.878)
= Rs.2227
(1.04)40 = 20 log (1.04)
= 20(0.0170)
= 0.34
Antilog of 0.34 is 2.1878
13.
Number of preferential shares = 50,000
Number of ordinary shares = 2500
Total dividend = Total profit - Amount kept in reserve - Depreciation amount
= 1,60,000 - 20,000 - 10,000 = 1,30,000
Income from preferential shares
\(=50,000 \times 10 \times \frac{16}{100} \)
= 80,000
\(\therefore\) Income from ordinary shares
=1,30,000 - 80,000 = 50,000
Let x % be the rate of dividend for ordinary shares
\(50,000 =2500 \times 10 \times \frac{x}{100} \)
\(x =\frac{50,000}{250}=20 \%\)
14.
Shares of tea company
No.of shares = 2000
FV = Rs.10
MV = Rs.33
Rate of dividend = 25%
S.P of a share = Rs.33
S.P of 2000 shares = 2000 x 33 = Rs. 66,000
Shares of cotton textiles
Investment = Rs. 66,000
FV = Rs. 25
MV = Rs. 44
Dividend =15%
(i) Number of cotton textile shares
= \(\frac {\text{ Investment} }{ M.V } \)
= \(\frac { 66,000 }{ 44 } =1500\)
(ii) Income from tea company shares
= 2000 x 10 x \(\frac { 25 }{ 100 } \) = Rs. 5000
Income from cotton textiles shares
= 1 500 x 25 x \(\frac { 15 }{ 100 } \) = Rs. 5625
Change in his dividend income = 5625 - 5000 = Rs. 625
15.
(b)
16.
\(P =\frac{\frac{a}{i}}{k} \)
\(=\frac{\frac{2000}{0.1}}{12}=2,40,000\)
17.
\(x=\frac{12 \times 96}{10}=115.20\)
18.
Investment = 80, Income = 7
Investment = 100,
Income \(= \frac{ 7 \times 100}{80} = 8.75 \%\)
19.
If F.V = 100, Investment = 90
FV 10,000,
Investment \(= \frac{ 90 \times 10,000}{100} = 9000\)
11th Standard Syllabus & Materials
11th Standard
TN 11th Tamil பீடு பெற நில் - செய்யுள் - காவடிச்சிந்து Important Questions And Answers Study Material - QB365 Set A
NEW11th Standard
TN 11th Tamil பீடு பெற நில் - உரைநடை - மலை இடப்பெயர்கள் : ஓர் ஆய்வு Important Questions And Answers Study Material - QB365 Set A
NEW11th Standard
TN 11th Tamil மாமழை போற்றுதும் - துணைப்பாடம் - யானை டாக்டர் Important Questions And Answers Study Material - QB365 Set A
NEW11th Standard
TN 11th Tamil மாமழை போற்றுதும் - செய்யுள் - ஐங்குறுநூறு Important Questions And Answers Study Material - QB365 Set A
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