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GR 10
GR 10
GR 10
Smith invests $P for 9 months at 4% simple interest per year. She receives $39 interest.
Calculate the value of P.
4. Mei invests $500 in a bank for 3 years at a rate of 3.5% per annum.
Calculate the total amount of money she will receive at the end of 3 years by using
(a) simple interest [3] (b) compound interest [3]
8. Asra invested $400 and after 3 years the value of this investment is $608.35
Calculate the rate of interest per year when the interest is
(a) simple interest [3] (b) compound interest [3]
1 (i) Marcus invests $400 of his savings for 2 years at 5 % per year compound interest.
Calculate the amount he has at the end of the 2 years.
(ii) Marcus’s sister also invests $400, at r% per year simple interest. At the end of 2 years
she has exactly the same amount as Marcus.
Calculate the value of r.
Probability
Two discs are chosen at random without replacement from the five discs shown in the
diagram.
(i) Find the probability that both discs are numbered 2 [2]
(ii) Find the probability that the numbers on the two discs have a total of 5 [3]
(iii) Find the probability that the numbers on the two discs do not have a total of 5. [1]
Two discs are chosen at random without replacement from the five discs shown in the
diagram.
(i) Find the probability that both discs are numbered 2 [2]
(ii) Find the probability that the numbers on the two discs have a total of 5 [3]
(iii) Find the probability that the numbers on the two discs do not have a total of 5. [1]
Two discs are chosen at random without replacement from the five discs shown in the
diagram.
(i) Find the probability that both discs are numbered 2 [2]
(ii) Find the probability that the numbers on the two discs have a total of 5 [3]
(iii) Find the probability that the numbers on the two discs do not have a total of 5. [1]
Two discs are chosen at random without replacement from the five discs shown in the
diagram.
(i) Find the probability that both discs are numbered 2 [2]
(ii) Find the probability that the numbers on the two discs have a total of 5 [3]
(iii) Find the probability that the numbers on the two discs do not have a total of 5. [1]
1 (i) Marcus invests $400 of his savings for 2 years at 5 % per year compound interest.
Calculate the amount he has at the end of the 2 years.
(ii) Marcus’s sister also invests $400, at r% per year simple interest. At the end of 2 years
she has exactly the same amount as Marcus.
Calculate the value of r.
2. Brian buys bags of bird food from the factory and sells them in his shop for $15.30 each.
He makes 12.5% profit on each bag.
How much does Brian pay for each bag of bird food?
1 (i) Marcus invests $400 of his savings for 2 years at 5 % per year compound interest.
Calculate the amount he has at the end of the 2 years.
(ii) Marcus’s sister also invests $400, at r% per year simple interest. At the end of 2 years
she has exactly the same amount as Marcus.
Calculate the value of r.
2. Brian buys bags of bird food from the factory and sells them in his shop for $15.30 each.
He makes 12.5% profit on each bag.
How much does Brian pay for each bag of bird food?
1 (i) Marcus invests $400 of his savings for 2 years at 5 % per year compound interest.
Calculate the amount he has at the end of the 2 years.
(ii) Marcus’s sister also invests $400, at r% per year simple interest. At the end of 2 years
she has exactly the same amount as Marcus.
Calculate the value of r.
2. Brian buys bags of bird food from the factory and sells them in his shop for $15.30 each.
He makes 12.5% profit on each bag.
How much does Brian pay for each bag of bird food?
1 (i) Marcus invests $400 of his savings for 2 years at 5 % per year compound interest.
Calculate the amount he has at the end of the 2 years.
(ii) Marcus’s sister also invests $400, at r% per year simple interest. At the end of 2 years
she has exactly the same amount as Marcus.
Calculate the value of r.
2. Brian buys bags of bird food from the factory and sells them in his shop for $15.30 each.
He makes 12.5% profit on each bag.
How much does Brian pay for each bag of bird food?