In this Vedio I have Solved Exercise 3.3 unit 3 Financial Arithmetic Class 8 Kpk and Punjab Textbook New Course 2022 and 2023 Single National Curriculum.
Exercise 3.3 Class 8th Mathematics.
Question 1:
Find the missing quantities by using the formula.
a) If P = Rs 400, T= 2 years, R = 8%, Markup = ?
b) If Markup: Rs 1900, T= 3 years, R = 4%, P = ?
c) If P = Rs 4000, R = 10%, Markup = Rs 12500, T= ?
d) If P = Rs 700, T= 3.5 years, R = 12%, Markup = ?
Question 2:
The cash price of a washing machine is Rs 19500. Iqra buys it on installments by
paying Rs 4500 as down payment and the rest by 9 monthly installments of Rs 2000 each. If she buys it using cash payment, how much money will she save?
Question 3:
A microwave oven is available for Rs 17000 in cash or Rs 2000 down payment followed by 7 equal monthly installments of Rs 2500 each. Compute the
total payment.
Question 4:
Mr Amir paid a markup of Rs 520 on an item that costs Rs 5800. If the time period is 2 years, calculate the rate of the markup.
Question 5:
Find the markup on a principal amount of Rs 954000 at the rate of 13% per
annum for 5 years.
Question6:
The price of a mobile including markup is Rs 15610. If the markup rate is 7% per annum, find the amount of mark up for 2 years.
Question 7:
Qasir bought a motorbike for Rs 125,000 and paid a markup of Rs 25,000 for
2 years. What markup rate did he pay?
