Total at the end of month

(one month period)

1
2
3
4
5
6
7
8
9
10
11
12
Total at the end of month
(3 month period)
3
6
9
12
Total at the end of month
(6 month period)
6
12
Total at the end of month
( one year period)
12

Bank A
3.10%
50129.17
50258.67
50388.5
50518.67
50649.18
50780.02
50911.2
51042.72
51174.59
51306.79
51439.33
51572.21

Bank B
3.00%
50125
50250.31
50375.94
50501.88
50628.13
50754.7
50881.59
51008.79
51136.32
51264.16
51392.32
51520.8

Bank C
3.00%
50125
50250.31
50375.94
50501.88
50628.13
50754.7
50881.59
51008.79
51136.32
51264.16
51392.32
51520.8

Bank A
3.15%
50393.75
50790.6
51190.58
51593.7

Bank B
3.05%
50381.25
50765.41
51152.49
51542.53

Bank C
3.05%
50381.25
50765.41
51152.49
51542.53

Bank A
3.20%
50800
51612.8

Bank B
3.10%
50775
51562.01

Bank C
3.10%
50775
51562.01

Bank A
3.25%
51625

Bank B
3.15%
51575

Bank C
3.20%
51600

PART B
(a) The Cooperative of your school plans to provide photocopy service to the students of your
school. A survey was conducted and it is found out that rental for a photo copy machine is RM
480 per month, cost for a rim of paper (500 pieces) is RM 10 and the price of a bottle of toner is
RM 80 which can be used to photocopy 10 000 pieces of paper.

(i) What is the cost to photocopy a piece of paper?

Solution
Rental for photocopy machine/month = RM 480
Cost for a rim of paper ( 500 pieces ) = RM 10
Price of a bottle of toner ( 10 000 pieces of paper ) = RM 80
By Mathematical solution :
Cost needed = RM 480 + RM 80 + RM 200 (RM 10 20 rim)
= RM 760
Cost to photocopy a piece of paper
= RM 760 10 000
= RM 0.076

(ii) If your school cooperative can photocopy an average of 10 000 pieces per month and charges
a price of 10 cent per piece, calculate the profit which can be obtained by the school cooperative.

Solution :
Charge to photocopy per piece = RM 0.10
Cost to photocopy a piece of paper = RM 0.076

By Mathematical solution :
Profit obtained = (RM 0.10 - RM 0.076) (10 000)
= RM 240

(b) For the year 2013, the cost for photocopying 10 000 pieces of paper increased due to the
increase in the price of rental, toner and paper as shown in table below:
Cost 2012 (RM)

Cost 2013 (RM)

Rental

480

500

Toner

80

100

Paper

200

240

(i) Calculate the percentage increase in photocopying a piece of paper based on the year 2012,
using two different methods.

Solution :

Method 1 : Mathematical solution

Cost to photocopy a piece of paper in year 2013

= RM 500 + RM 100 + RM 240
= RM 840

Percentage increase
=

100%

= 10.53
Therefore, the percentage increase is 10.53%.

Method 2 : Price Index solution

I = P1 x 100
P0

= IW
W

I rental =

100 = 104.167

I toner =

100 = 125

I paper =

100 = 120

) (

=
= 110.53%

) (

(ii) If the school cooperative still charge the same amount for photocopying a piece of paper,
how many pieces of paper should the cooperative photocopy in order to get the same amount of
profit?

Solution :
Pieces of paper should cooperative photocopy
=(

=
= 15 000 pieces

(iii) If the cooperative still maintain to photocopy the same amount of paper per month, how
much profit can Cooperative obtain?

Solution :
Profit obtained = (RM 0.10)(10 000) (RM 0.084)(10 000)
= RM 1 000 RM 840
= RM 160

PART C
The population of the school is increasing. As a result, the school cooperative needs more space
for keeping the increasing amount of stock. Therefore the school cooperative plans to expand the
store-room.
It is estimated that cost for renovation is RM 150 000. Make a conjecture on which is a better
way for the school cooperative to pay, whether to pay the whole lump sum in cash or keep the
RM 150 000 in a fixed deposit account at a rate of 6% p.a. in a bank then borrow the RM 150
000 from a bank and pay for the hire purchase for a period of 10 years with a interest rate of
4.8% p.a. and withdraw monthly to pay for the hire purchase every beginning of a month. Make
a conclusion and give your reason.
( You can give your solution in table form , Excel or graph )

Solution :
Conjecture in table form

MONTH

MONEY

TOTAL

LEFT

MONEY

MONTH

MONEY

TOTAL

LEFT

MONEY

PAID

MONTH

PAID

MONEY

TOTAL

LEFT

MONEY
PAID

148150

1850

41

99166.80

75850

81

39368.39 149850

147040.75

3700

42

97812.63

77700

82

37715.23 151700

145925.95

5550

43

96451.70

79550

83

36053.81 153550

144805.58

7400

44

95083.95

81400

84

34384.08 155400

143679.61

9250

45

93709.37

83250

85

32706.00 157250

142548.01

11100

46

92327.92

85100

86

31019.53 159100

141410.75

12950

47

90939.56

86950

87

29324.62 160950

140267.80

14800

48

89544.26

88800

88

27621.25 162800

139119.14

16650

49

88141.98

90650

89

25909.35 164650

10

137964.74

18500

50

86732.69

92500

90

24188.90 166500

11

136804.56

20350

51

85316.35

94350

91

22459.84 168350

12

135638.58

22200

52

83892.93

96200

92

20722.14 170200

13

134466.78

24050

53

82462.40

98050

93

18975.75 172050

14

133289.11

25900

54

81024.71

99900

94

17220.63 173900

15

132105.56

27750

55

79579.83

101750

95

15456.74 175750

16

130916.08

29600

56

78127.73

103600

96

13684.02 177600

17

129720.67

31450

57

76668.37

105450

97

11902.44 179450

18

128519.27

33300

58

75201.71

107300

98

10111.95 181300

19

127311.86

35150

59

73727.72

109150

99

8312.51

183150

20

126098.42

37000

60

72246.36

111000

100

6504.07

185000

21

124878.92

38850

61

70757.59

112850

101

4686.60

186850

22

123653.31

40700

62

69261.38

114700

102

2860.03

188700

23

122421.58

42550

63

67757.69

116550

103

1024.33

190550

24

121183.69

44400

64

66246.48

118400

104

192400

25

119939.60

46250

65

64727.71

120250

105

194250

26

118689.30

48100

66

63201.35

122100

106

196100

27

117432.75

49950

67

61667.35

123950

107

197950

28

116169.91

51800

68

60125.69

125800

108

199800

29

114900.76

53650

69

58576.32

127650

109

201650

30

113625.27

55500

70

57019.20

129500

110

203500

31

112343.39

57350

71

55454.30

131350

111

205350

32

111055.11

59200

72

53881.57

133200

112

207200

33

109760.38

61050

73

52300.98

135050

113

209050

34

108459.19

62900

74

50712.48

136900

114

210900

35

107151.48

64750

75

49116.04

138750

115

212750

36

105837.24

66600

76

47511.62

140600

116

214600

37

104516.43

68450

77

45899.18

142450

117

216450

38

103189.01

70300

78

44278.68

144300

118

218300

39

101854.95

72150

79

42650.07

146150

119

220150

40

100514.23

74000

80

41013.32

148000

120

222000

223850

Conclusion
Pay the whole lump sum in cash of RM 150 000 is a better way than keep the RM 150 000 in a
fixed deposit account at a rate of 6% p.a. in a bank then borrow the money from bank and pay for
the hire purchase. After 103th month, there is no more money left in the bank. Hence, the money
left for 17th months need to pay from other sources.

PART D

The cooperative of the school also has another amount of RM 50 000. The cooperative plans to
keep the money in a bank. The bank offered a compound interest rate of 3.5% per annum and a
simple interest rate of 5% per annum. Explain the meaning of compound interest and simple
interest. Suggest a better way of keeping the money in this bank. State a suitable period for
keeping the money for each plan. Explain why.

Solution :
Compound interest
Interest which is calculate not only the intial principal but also the accumulated interest of prior
periods. Compound interest differs from simple interest in that sample interest is calculated
solely as a percentage of the principal sum.
Simple interest
The interest calculate on principle sum, not compounded on earned interest.

Year

Compound interest

Simple interest

3.5% per year

5 % per year

51750

52500

53561.25

55000

55435.89

57500

57376.15

60000

59384.31

62500

61462.76

65000

63613.96

67500

65840.44

70000

68144.86

72500

10

70529.93

75000

11

72998.48

77000

12

75553.43

80000

13

78197.80

82500

14

809347.00

85000

15

83767.43

87500

16

86699.29

90000

17

89733.76

92500

18

92874.45

95000

19

96125.05

97500

20

99489.40

100000

21

102971.56

102500

22

106575.56

105000

FURTHER EXPLORATION
When Ahmad was born, his parents invested an amount of RM 5 000 in the Amanah Saham
Bumiputera (ASB) for him. The interest rate offered was 8.0% p.a. At what age will Ahmad have
a saving of RM 50 000, if he keeps the money without withdrawal?
Solution :

Method : Geometric Progression

a = RM 5 000

r = 1.08

Tn > 50 000
(5 000)(1.08n-1) > 50 000
1.08n-1 >
1.08n-1 > 10
n-1

(n-1)

>
>

n-1 >
n-1 > 29.92
n > 30.92
Therefore, n = 31 , when he is 30 years old

REFLECTION

Song Title : Add Maths Here Comes The Winner

Singer, Composer and lyrics officially by :
Nursyazreen bt Wahid Marican (5KA)

Add Maths Here Comes The Winner

With you huuuuuuuu (add maths)
With you huuuuuuuu (add maths)

Its hard for us to start at first,

It make me didnt sleep tight (ggrrrr)
Cause your puzzle was my mission
make me flying in confusion

But I always believe in Magic

is believing in myself,

if they can find the solution,

Youll see, i can make anything happen

*Chorus
Grab my calculator
Eat and drink all were later
Mind start to pressure
In room, find the answer
Cause no one will ever see me quit
and I simply won't
If I start something
I will finish it and do it well

Finally its the time, come on!

When the answers are on my lawn-awn-awn,
Remember a winner never stop trying

Cause the price of victory is high-high-high

but so are the rewards.

*Chorus
Grab my calculator
Eat and drink all were later
Mind start to pressure
In room find the answer
No one will ever see me quit, because I simply won't.
If I start something, I will finish it and do it well

Remember..
A winner never stop trying
Cause the price of victory is high

But so are the rewards.

[THE END]