# Multiple Choice Questions on Math Applications Quiz 7 Download PDF

Math applications Multiple Choice Questions and Answers (MCQs), math applications quiz answers PDF, 8th grade math test 7 for online degree courses. Practice "Profit and Loss Percentage" MCQs, math applications quiz questions and answers for online courses. Learn hire purchase, money exchange, profit and loss percentage, math applications, compound interest test prep for online classes.

"The television is priced at $10,000. 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" Multiple Choice Questions (MCQ) on math applications with choices *$12,048, $15,048, $13,048, and $14,048* for online courses. Free math study guide for online learning profit and loss percentage quiz questions for free online courses.

## Math Applications MCQs Quiz 7 Download PDF

MCQ: The television is priced at $10,000. 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

B

MCQ: 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

D

MCQ: 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

A

MCQ: 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

A

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

- $363
- $636
- $663
- $366

C