# Math Applications Multiple Choice Questions Test 7 pdf Download

Practice math quiz 7 on math applications MCQs, grade 8 hire purchase multiple choice questions. Free hire purchase guide has math worksheet with answering options $12,048 , $15,048 , $13,048 and $14,048 of multiple choice questions (MCQ) with hire purchase quiz as 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 total hire purchase of television is for exam prep. Study to learn hire purchase quiz to attempt multiple choice questions based test.

## MCQs on Math Applications - Quiz 7

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 total hire purchase of television is

- $15,048
- $12,048
- $13,048
- $14,048

B

MCQ. Exchange rate between Japanese Yen and Euro on specific day is 1 Yen to 2.4 Euros. Euros that are equivalent to 450 Japanese Yen are

- 2060 Japanese Yens
- 2050 Japanese Yens
- 2080 Japanese Yens
- 1080 Japanese Yens

D

MCQ. If a handbag is sold for $2000 at gain of 20% on cost price then cost is

- $1,666
- $2,666
- $3,666
- $1,850

A

MCQ. Michael wants to borrow some money for 48 months at 11% interest per year and pay $1950 in interest charges for his business expansion. amount he could borrow is

- $4,432
- $5,432
- $6,532
- $6,832

A

MCQ. Compound interest on $7500 for 1 year at 8.5% per annum which is compounded monthly is

- $363
- $636
- $663
- $366

C