2024 BTYSS P2 Q8

2024 BTYSS P2 Q8

Secondary 4
6 marks
  1. The price of a painting increased by \(200\%\) from Year 2020 to Year 2024.
    In Year 2024, the price of the painting was \(\$510\,000\).
    Find the price of the painting in Year 2020.[2]
  2. The utilities bill for the Chan family in Jan 2024 was \(\$152\) before \(9\%\) GST.
    Calculate the utilities bill for the Chan family in Jan 2024 after \(9\%\) GST.[2]
  3. Bill deposits \(\$6400\) into a bank account that pays compound interest of \(4.3\%\) per annum. Find the interest earned at the end of \(10\) years.[2]

Solution:

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Answer:(a) \(\$170\,000\) (b) \(\$165.68\) (c) \(\$3350.41\)

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