Time + money - practice problems
Number of problems found: 322
- A man 24
A man distributed 25300 EUR among his 3 sons A, B, C in such a way that the amounts of their parts at 10% simple interest in 2 years, 3 years, 4 years will be equal. A's share?
- Doubling - simple interest
A sum becomes its double in 10 years. Find the annual rate of simple interest
- Triple the sum
At what rate a sum triples in 5 years at simple interest?
- Simple interest
At what time will the sum be doubled at 5% per annum at simple interest?
- Compound continuously
Find the balance in the account after 10 years. P= $1900; r= 6% Compound continuously.
- The value
The value of the property decreases every year at the rate of 5%. If its present value is 411540 USD, what was its value three years ago?
- Doubling every day
If you start with 1 euro on day 1 and double your money daily, how many days before you get at least 1 million?
- Directly proportional
A person earns directly proportional to the number of hours she works daily. If she works h hours one day and makes s dollars an hour, what is the total amount she earns for the day in terms of h and s?
- A sum 6
A sum at simple interest of 4% per annum amounts to 3120 USD in 5 years. Find the sum.
- Work men and women
Two men and 1 woman can do a piece of work in 14 days, while 4 women and 2 men can do the same work in 8 days. If a man get 90 euros/day, what should be the wages/day of a woman?
- Daily compounded
Zachary invested $130 in an account paying an interest rate of 3.6% compounded daily, Assuming no deposits or withdrawals are made, how much money, to the nearest dollar, would be in the account after 11 years?
- The cost 15
The cost of a machine depreciates every year by 10% of its cost at the beginning of the year. If the present cost of the machine is USD 10000, find its cost after 2 years.
- Interest over time
If certain sum at compound interest becomes double in 5 years, then, in how many years, it will be 16 times at the same rate of interest?
- Per annum
At a certain time, a sum becomes 4 times at the rate of 5% per annum. At what rate of simple interest the same sum becomes 8 times in the same duration
- Person A,B
Person A takes 3000 USD from person B for 2 yrs at the rate of 10% half yearly interest. What amount will be paid by person A to B after the end 2 yr?
- Tax info
The tax-free price of the jacket is €150 and the VAT rate is 24%. Calculate the VAT and Taxable price.
- Johnny 3
Johnny has $46,754 in a savings account that earns 14% annually. The interest is not compounded. To the nearest dollar, how much interest will he earn in 3 years?
- Overtime and salary
An employee earns R150 per hour, and the agreed normal working hours are 45 hours per week. Overtime is paid at 1 1/2 of the normal rate. Suppose Dave works 52 hrs during the first week of March. What will the total earnings for that particular week be?
- Monthly expenses
John's monthly expenses are analyzed as follows: 1/8 for stationery, 1/3 for fuel, 1/6 for parking, and the rest for food. His total expenses are 4500. Calculate the rand value of the food expenses.
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