## SOLVED ASSIGNMENT AIOU 2 COURSE CODE 247 GENERAL MATH – 1

Solved assignment # 02 for General Math – 1 for the course code 247 for Matric Level Student. This the 2^{nd} solved assignment of this subject code 247 for semester spring 2015.

**Q 01 A):** One importer imports car from Japan for Yen 5000, delivery will be after three months, under the contract Yen will be equal to for Rs. 0.895236. At the time of contract payment had been made. At the time of delivery Yen was 0.892236, find the profit or loss of importer.

**Q 01 B):** During the year Javaid deposited Rs. In a private Bank, he deposited Rs. 600 in March, Rs. 400 in June, bank offered him interest @ 3%, please find the amount which Mr. Javaid received at the end of year.

**Q 02 A):** Saleem invested Rs. 9000 @ 2% compound profit per annum , what Saleem will receive at the end of three days.

**Q 02 B):** Under the Islamic Bank, bank charged 2.25% Mark up, if Ali get debt of Rs. 6400 for the period of 2 years and 1 Month, What Ali will pay mark up on this amount.

**Q 03 A):** Javaid bought insurance for his Car value 850000 for 3 years @ 4.25% per annum premium. How much Javaid will pay if during this period he not claimed any loss, while the price fall down @ 10%.

**Q 03 B):** If the total income of a person is Rs. 625000, while tax rebate is Rs. 150000, calculate the amount of tax if the Tax Rate 4.5 %

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