Math applications multiple choice questions (MCQs), math applications quiz answers, test prep 1 to learn online elementary school math for Cambridge lower secondary certificate. Hire purchase MCQs, math applications quiz questions and answers for online learning. Learn hire purchase, percentage calculations, taxation, compound interest test prep for distance learning.

Learn elementary school math MCQs: hire purchase, percentage calculations, taxation, compound interest, with choices \$4,500, \$4,620, \$4,350, and \$5,250 for online learning. Free math study guide for online learning hire purchase quiz questions to attempt multiple choice test for online study.

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