Practice math test 4 on math applications MCQs, grade 8 math applications multiple choice questions and answers. Math applications revision test has math worksheets, answer key with choices as \$460,000, \$480,000 , \$430,000 and \$410,000 of multiple choice questions (MCQ) with math applications quiz as ana borrowed \$250000 for 7 years at interest rate of 12% per year. amount she will pay at end of seven years is for competitive exam prep. Free math study guide to learn math applications quiz to attempt multiple choice questions based test.

MCQ. Ana borrowed \$250000 for 7 years at interest rate of 12% per year. amount she will pay at end of seven years is

1. \$480,000
2. \$460,000
3. \$430,000
4. \$410,000

B

MCQ. Amount of money lent or borrowed by investors is classified as

1. inter bank exchange rate
2. compounded rate
3. the principal
4. interest rate

C

MCQ. If antique piece is sold for \$1200 at gain of 30% on sale price then profit is

1. \$960
2. \$923
3. \$823
4. \$723

B

MCQ. If a refrigerator is advertised for \$215 inclusive of 7% GST then original price is

1. \$325.95
2. \$225.95
3. \$210.95
4. \$199.95

D

MCQ. Henry buys a designer furniture set at price of \$1200. He pays 25% deposit and interest in 36 months plus outstanding balance. interest charged on balance is 12%. total hire purchase price is

1. \$1,824
2. \$1,724
3. \$1,624
4. \$1,524

D

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