PART II. PROBLEM SOLVING: (18 Marks) Direction: Read, understand and solve the following questions. (6x3=18 Marks) 1. 2.
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PART II. PROBLEM SOLVING: (18 Marks) Direction: Read, understand and solve the following questions. (6x3=18 Marks) 1. 2.
questions. (6x3=18 Marks) 1. 2. 3 Find the exact and ordinary on BD 12000 for 650 days at 2% simple interest. Find the interest and maturity value on BD 25000 with 6% simple interest in 144 months. How much time will it take for an amount of BD 15220 to earn BD 2400 as discount amount at 10% per year of simple interest? How much Simple Interest can a person get on BD 8200 at 17.5% simple interest rate for a period of 2 years and 6 months? The simple interest on a sum of money deposited for 32.7 months at 9% per year is BD 32000, then the sum principle is? Fatima received a total amount of BD 11500 after 920 days and the bank discounted BD 550 at the beginning of the time. What rate of discount did she pay? 4 5. 6. Rubrics 3 Mark Choosing the correct formula, Clear and Correct steps and final answer 2Marks Clear and Correct steps with wrong final answer 1 Mark Choosing the correct formula or Correct final answer 0 Mark Wrong choosing of formula, wrong steps PART III. APPLICATION: (8 Marks) Direction: Solve the question given bellow by showing all the required steps (8x1=8 Marks) 1. Find the interest on BD 10000 at 4% simple interest from May 23, 2022 to November 20, 2022 by using the four methods. Rubrics 4 Marks Finding the 4 steps of interest 1 Marks Finding the Actual Time (long method / short method) 1 Marks Finding the Approximate Time (long method / short method) 1 Mark Clear and Correct steps 1 Mark Correct final answer 0 Mark Wrong steps and wrong answer
PART II. PROBLEM SOLVING: (18 Marks) Direction: Read, understand and solve the following