PUNJAB COLLEGE SAMBRIAL

BUSINESS MATHS PAPER-1st YEAR CH # 2 PHASE-II (11-03-2016)

Time: 1 hour PAPER SUBJECTIVE Total Marks: 30
*************************************************************************************
Write short answers to any 10 parts of questions from Part-I and any 1 from Part-II.
Part-I 2*5=10
2. Write short answers to the following questions.
i. What is principal? v. Differentiate between ordinary annuity and
ii. Define annuity. annuity due.
iii. Find compound interest on Rs. 500 for 6 vi. What is perpetuity?
years at the rate of 20% annually. vii. Define a function.
iv. What will be the accumulated amount after 3 viii. What will be simple interest on Rs. 50,000
years on an investment of Rs. 250, 000 at 9% for 3 years with interest rate 6%?
simple interest?
Part-II
3. a) Find compound interest due in case of Rs. 1000 saved for 5 years at 6% p.a. 5
b) Find the amount of an annuity of Rs. 1200 payable at the end of each year
for 15 years at the rate of 8% compounded annually. 5
4. a) Find the simple interest on Rs. 4 lacs invested for 5 years and 6 months at
4% per year. 5
1 1
6 2 %
b) Compute the compound interest on Rs. 500 for 2 year at 2
Compounded semiannually. 5

PUNJAB COLLEGE SAMBRIAL

BUSINESS MATHS PAPER-1st YEAR CH # 2 PHASE-II (11-03-2016)
Time: 1 hour PAPER OBJECTIVE Total Marks: 30
*************************************************************************************
Write short answers to any 10 parts of questions from Part-I and any 1 from Part-II.
Part-I 2*5=10
2. Write short answers to the following questions.
i. What is principal? v. Differentiate between ordinary annuity and
ii. Define annuity. annuity due.
iii. Find compound interest on Rs. 500 for 6 vi. What is perpetuity?
years at the rate of 20% annually. vii. Define a function.
iv. What will be the accumulated amount after 3 viii. What will be simple interest on Rs. 50,000
years on an investment of Rs. 250, 000 at 9% for 3 years with interest rate 6%?
simple interest?
Part-II
3. a) Find compound interest due in case of Rs. 1000 saved for 5 years at 6% p.a. 5
b) Find the amount of an annuity of Rs. 1200 payable at the end of each year
for 15 years at the rate of 8% compounded annually. 5
4. a) Find the simple interest on Rs. 4 lacs invested for 5 years and 6 months at
4% per year. 5
1 1
6 2 %
b) Compute the compound interest on Rs. 500 for 2 year at 2
Compounded semiannually. 5
 PUNJAB COLLEGE SAMBRIAL
BUSINESS MATHS PAPER-1st YEAR CH # 2 PHASE-II (11-03-2016)
Time: 10 min PAPER OBJECTIVE Total Marks: 05
*************************************************************************************

1) Rs. 5000 double itself if in 5 years at the rate of:

a) 10% b) 20% c) 30% d) 40%
2) The formula of finding rate from S.I = PIN is:
IP S. I S .I P N
a) S .I b) P×N c) IN d) S .I
3) Annuity is used in:
a) Function b) equation c) simple functions d) mathematics of finance
4) The S.I on Rs. 15000 for 3 years at 2% is:
a) Rs. 1000 b) Rs. 900 c) Rs. 1100 d) Rs. 1500
1
2
5) Simple interest on Rs. 900 for 2 years at 3% is:
a) 135 b) 67.5 c) 20.5 d) 90

PUNJAB COLLEGE SAMBRIAL

BUSINESS MATHS PAPER-1st YEAR CH # 2 PHASE-II (11-03-2016)
Time: 10 min PAPER OBJECTIVE Total Marks: 05
*************************************************************************************

1) Rs. 5000 double itself if in 5 years at the rate of:

a) 10% b) 20% c) 30% d) 40%
2) The formula of finding rate from S.I = PIN is:
IP S. I S .I P N
a) S .I b) P×N c) IN d) S .I
3) Annuity is used in:
a) Function b) equation c) simple functions d) mathematics of finance
4) The S.I on Rs. 15000 for 3 years at 2% is:
a) Rs. 1000 b) Rs. 900 c) Rs. 1100 d) Rs. 1500
1
2
5) Simple interest on Rs. 900 for 2 years at 3% is:
a) 135 b) 67.5 c) 20.5 d) 90