# Math Applications Multiple Choice Questions and Answers 4 PDF Book Download

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Learn elementary school math multiple choice questions (MCQs): Math applications, profit and loss percentage, taxation, hire purchase, with choices compounded rate, inter bank exchange rate, the principal, and interest rate for online elementary education degree. Free math study guide for online learning percentage calculations quiz questions to attempt multiple choice questions based test.

## MCQ on Math Applications Worksheets 4 PDF Book Download

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

- $480,000
- $460,000
- $430,000
- $410,000

B

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

- inter bank exchange rate
- compounded rate
- the principal
- interest rate

C

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

- $960
- $923
- $823
- $723

B

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

- $325.95
- $225.95
- $210.95
- $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

- $1,824
- $1,724
- $1,624
- $1,524

D