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TEST MAT111_QUESTION_9 JUNE 2023

Past year

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27 views

TEST MAT111_QUESTION_9 JUNE 2023

Past year

Uploaded by

syakira6213
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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CONFIDENTIAL 1 CS/TEST/MAT111

UNIVERSITI TEKNOLOGI MARA


TEST

COURSE : MATHEMATICS WITH BUSINESS APPLICATIONS


COURSE CODE : MAT 111
DATE : 9 JUNE 2023
TIME : 2 HOURS (2.30 – 4.30 PM)

NAME :
STUDENT’S ID :
GROUP :
LECTURER’S NAME :

INSTRUCTIONS TO CANDIDATES

1. This question paper consists of two (2) parts: Part A (1 question)


Part B (4 questions)
2. Answer ALL questions.
For Examiner’s Use
Marks Marks
3. Answer ALL questions in English. PART Question
Allocated Obtained
A 1 10
LIST OF FORMULA:
1 11
1. I = Pr t
2 9
B
2. S = P(1 + rt ) 3 12

3. D = Sdt 4 8

4. Pr oceeds = S(1 − dt ) 50
Total Marks
5. S = P(1 + i)
n 100

DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO


This test paper consists of 6 printed pages

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL


CONFIDENTIAL 2 CS/TEST/MAT111

PART A

QUESTION 1

a) Ahmad receives a monthly allowance of RM500 from his parents. He spends 20% of this
money on his gym and fitness membership. He spent the remainder in the following ratio
of 3 : 5 : 2 on food, laundry, and public transportation. What does Ahmad pay for laundry?

(5 marks)

a) Mrs. Pai received a RM18,000 dividend from ASBB. She decided to put all the money in
her children's accounts, Qhalish, Qalisha, and Qisha according to the ratio 3 : 4 : x . If
Qhalish received RM6,000, find:
i) the amount received by Qisha.
(3 marks)

ii) the value of x.


(2 marks)

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL


CONFIDENTIAL 3 CS/TEST/MAT111

PART B

QUESTION 1

a) On 17 April 2022, Ali Hitam took a personal loan of RM7,000 from a bank that charged a
simple interest rate of 15%. The loan was settled on 15 August 2022. Find:

i) the term of the loan in days using exact time.


(3 marks)

ii) the amount paid on 15 August 2022 using Banker’s rule.


(3 marks)

ii) the amount of interest charged.


(2 marks)

b) Maizura took a loan from a bank that charged a simple interest rate of 7.5% per annum for
a duration of 42 months. If the interest paid was RM4,462.50, how much was the loan?
(3 marks)

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL


CONFIDENTIAL 4 CS/TEST/MAT111

QUESTION 2

a) On 17 March 2021, Hanna saved RM9,000 in an account that offered r% simple interest
per annum. If the interest obtained on 7 June 2021 was RM150, find:

i) the approximate time of the investment.


(2 marks)

ii) the value of r% using approximate time and ordinary simple interest.
(3 marks)

b) Mr. Soll borrows RM 35,000 from a money lender who charges a discount rate of 6% per
annum. If Mr. Soll pays his loan at the end of three years, calculate:

i) the amount of discount charged.


(2 marks)

ii) the amount of proceeds.


(2 marks)

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL


CONFIDENTIAL 5 CS/TEST/MAT111

QUESTION 3

a) Five years ago, RMX was invested at a bank that offered an interest rate of 9%
compounded semi-annually. If the balance in the account today is RM13,200.24, find the
value of X.
(3 marks)

b) Durra deposited RM20,000 into an account at an interest rate of 6% compounded


monthly. Five years later, she withdrew RM16,000 from the account. Find:

i) the amount left in her account just after the withdrawal.


(4 marks)

ii) the amount in the account 6 years after the withdrawal.


(3 marks)

iii) the total interest earned.


(2 marks)

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL


CONFIDENTIAL 6 CS/TEST/MAT111

QUESTION 4

a) Ucilalana deposited RM11,500 in a bank that gives 6% interest compounded quarterly.


The amount in the account after t years was 23,500. Find the value of t.
(5 marks)

b) Farrid Khameel borrowed RM7,500 at 4.5% compounded every 4 months for 5 years.
Find the amount that Farrid Khameel had to pay.
(3 marks)

END OF QUESTION PAPER

© Hak Cipta Universiti Teknologi MARA CONFIDENTIAL

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