If a handbag is sold for $2000 at gain of 20% on cost price then the cost is

  • $1,666
  • $2,666
  • $3,666
  • $1,850

Michael wants to borrow some money for 48 months at 11% interest per year and pay $1950 in interest charges for his business expansion. The amount he could borrow is

  • $4,432
  • $5,432
  • $6,532
  • $6,832

The compound interest on $7500 for 1 year at 8.5% per annum which is compounded monthly is

  • $363
  • $636
  • $663
  • $366

Ana borrowed $250000 for 7 years at interest rate of 12% per year. The amount she will pay at the end of seven years is

  • $480,000
  • $460,000
  • $430,000
  • $410,000

The amount of money lent or borrowed by investors is classified as

  • inter bank exchange rate
  • compounded rate
  • the principal
  • interest rate

The interest payable is dependable on

  • percentage rate
  • time
  • principal
  • all of above

The income tax imposed on first $90000 of income is $4000 and next $20000 is 7%. If chargeable income is $100,000 then the tax payable by the tax payers is

  • $5,400
  • $6,500
  • $7,000
  • $7,200

If a book is sold for $250 at 15% loss on cost then cost price of book is

  • $350
  • $300
  • $365
  • $294

The shopkeeper paid $80 each for two pair of shoes. He sell first pair of shoes making profit of 35% of cost price. He sell second pair of shoes at loss of 18% of cost price. The selling price of each pair of shoes respectively is

  • $125, $60.7
  • $123, $69.7
  • $108, $65.6
  • $110, $68.6

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 monthly installments will be

  • $43
  • $34
  • $45
  • $56

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 total monthly expenses of Henry and Hazel are

  • $1,790
  • $1,500
  • $1,390
  • $1,290

If antique piece is sold for $1200 at gain of 30% on sale price then the profit is

  • $960
  • $923
  • $823
  • $723

If a refrigerator is advertised for $215 inclusive of 7% GST then the original price is

  • $325.95
  • $225.95
  • $210.95
  • $199.95

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 total hire purchase price is

  • $1,824
  • $1,724
  • $1,624
  • $1,524

A money changer exchanged Indian Rupee and US$ at rate of 38..95 Indian Rupee = US$The amount received for US$180 in Indian Rupee is

  • 8055 R
  • 7055 R
  • 7011 R
  • 8011 R

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 number of books in fiction category are

  • 2000
  • 1900
  • 1750
  • 1800

In a city book store, 70% of books are classified as non-fiction and remainder as fiction. There are total 2400 more non-fiction books than fiction books. The owner wants to increase fiction books by 7% at an average cost of $The cost of new fiction books is

  • $1,990
  • $2,500
  • $2,300
  • $1,890

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 additional amount to pay in 24 monthly installments after deposit is

  • $10,248
  • $11,248
  • $13,248
  • $14,248

A money changer exchanged Peso & Euro at rate of 3.9 peso = 1 Euro. The amount received in Peso for 3500 Euro is

  • 16650 peso
  • 13650 peso
  • 14650 peso
  • 15650 peso

If Ana sells her house at loss of 10% on cost and paid $125000 for it then its selling price is

  • $117,500
  • $124,500
  • $112,500
  • $122,500
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