If the tax payable is $8000 for 8 months at rate of 16% then annual value of real estate property is

  • $85,000
  • $75,000
  • $78,000
  • $89,000

Jane invests $15000 at 5% per annum compound interest which is compounded daily. If a year is equal to 365 days then the amount at the end of fifth day is

  • $15,010.28
  • $18,010.28
  • $16,010
  • $14,010

In public library, 30% of books are classified as fiction and remainder as non-fiction. There are total 2400 more non-fiction books than fiction books. The total number of books in library is

  • 7000
  • 6000
  • 5000
  • 4000

By converting the US$350 into Australian dollars whose buying rate is 2.03, the answer in A$ will be

  • A$710.5
  • A$810.5
  • A$750.5
  • A$780.5

The annual value of real estate property is $165,The tax payable for period of 10 months at rate of 18% is

  • $24,750
  • $28,750
  • $30,750
  • $32,750

Hazel borrowed $250000 for 7 years at interest rate of 12% per year. The interest he must have to pay is

  • $240,000
  • $250,000
  • $210,000
  • $230,000

In 2012, Jennifer earned gross annual income of $She is entitled to following reliefs: personal $3500; wife $2500; 2 children $1500 each, life insurance premiums =$15,400 and gifts to charitable income = $25,350 then Jennifer's income tax is

  • $2,175.50
  • $2,075.50
  • $1,875.50
  • $1,975.50

Henry and Hazel earns income of $The expenses they have to meet are food $500, house loan $450, electricity, water and gas $telephone $50 and car maintenance $The monthly saving as %age of income is

  • 38%
  • 28.67%
  • 32.67%
  • 35%

If refrigerator cash price is $1050 and shop owner offers it on 15% deposit plus 24 monthly payments then the price refrigerator offered by shop is

  • $1,517.50
  • $1,717.50
  • $1,817.50
  • $1,917.50

Marry bought 180 mugs at $60 per dozen. If he sells each mug for $8 then profit as percentage of selling price is

  • 32.50%
  • 37.50%
  • 38.50%
  • 40%

The television is priced at $10,A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then the total hire purchase of television is

  • $15,048
  • $12,048
  • $13,048
  • $14,048

The exchange rate between Japanese Yen and Euro on specific day is 1 Yen to 2.4 Euros. The Euros that are equivalent to 450 Japanese Yen are

  • 2060 Japanese Yens
  • 2050 Japanese Yens
  • 2080 Japanese Yens
  • 1080 Japanese Yens

Harry borrows $3000 for 5 years at rate of 8% per annum. The simple interest he has to pay is

  • $2,250
  • $1,200
  • $1,500
  • $1,800

The general formula used to calculate interest is

  • principal x rate x time⁄100
  • principal x 100 x time⁄rate
  • 100 x rate x time⁄principal
  • principal x rate x 100⁄time

Henry put A$9000 in one year US$ fixed deposit account with bank at 5% simple interest per annum when exchange rate was at US$1 = A$3.The amount he invested in US dollars is

  • 2971.43
  • 2871.43
  • 2671.43
  • 2571.43

Harry bought 50kg of potatoes for resale on his retailer store whereas he paid $2/kg. he expects that 5% potatoes will be rotten. If 95% profit on cost is to be obtained then selling price is

  • $4.10
  • $6.20
  • $5.80
  • $7.30

John invested $8000 at 6.5% per annum compound interest which is compounded daily. The amount at the end of fifth year is

  • $13,960.70
  • $10,960.70
  • $11,960.70
  • $12,960.70

Rachel invested $10000 at 8% per annum then the time Rachel will take to make it $15000 is

  • 8.25 years
  • 8 years
  • 7.25 years
  • 6.25 years

Henry buys a designer furniture set at price of $He pays 25% deposit and interest in 36 months plus outstanding balance. The interest charged on balance is 12%. The amount remaining after deposit is

  • $1,000
  • $1,300
  • $900
  • $1,200

The income tax imposed on first $30000 is $600 and on the next $10000 income is 6%. If the chargeable income is $39200 then income tax payable is

  • $1,452
  • $1,152
  • $1,252
  • $1,352
0 h : 0 m : 1 s

Answered Not Answered Not Visited Correct : 0 Incorrect : 0