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Non Graded Assignment # 1

MTH302 (Fall 2009)

Total marks: 0

Very important Instructions

You do not need to submit the solution of this assignment.

This assignment is specially designed to introduce the style of the exam but just for telling the type of questions, the questions in the exam may not be as simple as in this assignment. Also we are only giving descriptive questions in this assignment, whereas for the practice of objective type questions, quiz will be given.

Solution of the assignment will be uploaded after one week. You can then compare your solution with the solution provided by us.

Question 1:

If b^a = 2a + b , then find 2³ + 3² +1

Question 2:

What is the main difference between Gross salary and Net salary?

Question 3:

The salary of an employee is as follows:

Basic salary = 45,000 Rs.

Allowances = 25,000 Rs.

What is the taxable income of employee?

Question 4:

A wooden door has a list price of Rs. 8500. A trade discount series of 10, 5, and 3

is offered. Find the amount of the discount and the net price.

Question 5:

A person invests an amount of 7500 in a Bank at the rate of 9% per annum; find the compound interest by the investor after 10 years.

Question 6:

For a simple annuity of Rs.2000/year for 5 years if money is worth:

then find this accumulated value.

Question 7:

Suppose you make a saving of Rs. 50,000 at the end of each month, assume an interest of 7% compounded monthly, how much will you have accumulated at the end of 4 years?