# Math Applications Multiple Choice Questions Test 1 Tests pdf Download

Practice math test 1 on math applications MCQs, grade 8 hire purchase multiple choice questions and answers. Hire purchase revision test has math worksheets, answer key with choices as \$2,150, \$2,000 , \$1,950 and \$1,600 of multiple choice questions (MCQ) with hire purchase quiz as a refrigerator is priced at \$10,000. a deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then amount of deposit made is for competitive exam prep. Free math study guide to learn hire purchase quiz to attempt multiple choice questions based test.

## MCQs on Math Applications Quiz pdf Download Worksheets 1

MCQ. A refrigerator is priced at \$10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then amount of deposit made is

1. \$2,000
2. \$2,150
3. \$1,950
4. \$1,600

D

MCQ. 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. owner wants to increase non-fiction books by 5% at an average cost of \$22. cost of new non-fiction books is

1. \$4,620
2. \$4,500
3. \$4,350
4. \$5,250

A

MCQ. 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 monthly installment is

1. \$457
2. \$447
3. \$437
4. \$427

D

MCQ. If an article costs \$350 with 6% GST then price customer has to pay is

1. \$362
2. \$351
3. \$371
4. \$341

C

MCQ. Compound interest on \$2500 for 5 years at 4% per annum (compounded annually) is

1. \$432
2. \$542
3. \$642
4. \$452

B