Class VIII

Income tax imposed on first $30000 is $600 and on next $10000 income is 6%. If chargeable income is $39200 then income tax payable is
  1. $1,452
  2. $1,152
  3. $1,252
  4. $1,352
John invested $8000 at 6.5% per annum compound interest which is compounded daily. amount at end of fifth year is
  1. $13,960.70
  2. $10,960.70
  3. $11,960.70
  4. $11,960.70
A refrigerator is priced at $10,000. A deposit of 16% on simple interest of 11% per year over 2 year and repayments paid monthly then amount of deposit made is
  1. $2,000
  2. $2,150
  3. $1,950
  4. $1,600
In college library, 30% of books are classified as fiction and remainder as non-fiction. There are 2400 more books non-fiction category than fiction category. total number of non-fiction books in library are
  1. 4500
  2. 2200
  3. 4200
  4. 3200
. If Ana sells her house at loss of 10% on cost and paid $125000 for it then its selling price is
  1. $117,500
  2. $124,500
  3. $112,500
  4. $122,500
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