MAT112

PYQ
2018 - 2023
 CHAPTER 1:
SIMPLE INTEREST
SIMPLE INTEREST MAT112

PART A
(Q1) JUNE 2018

On 11 January 2016, Iqbal deposited RM5,000 in an account that offered r% simple interest per annum.if
the interest earned on 6 April 2016 was RM45.38, find the value of r by using exact time and exact simple
interest.
(5 marks)

1
SIMPLE INTEREST MAT112

PART A
(Q1) DECEMBER 2018

On 27 June 2018, Arianna deposited RM3,000 in a savings account that offered a simple interest rate of
3.5% per annum. Find the amount in her account on 10 October 2018 using Banker’s Rule.

(5 marks)

2
SIMPLE INTEREST MAT112

PART A
(Q1) JUNE 2019

On 20 February 2016, Encik Basri took a personal loan of RM6,000 from a bank that charged a simple
interest rate of 8%. Find the amount paid on 15 June 2016 using Banker’s Rule.

(5 marks)

3
SIMPLE INTEREST MAT112

PART A
(Q1) DECEMBER 2019

Sammy invested RM8,000 into Amanah Saham Malaysia that offered a simple interest rate of r% per
annum on 13 March 2019.The amount of interest received on 10 August 2019 was RM200.Find the interest
rate, r% by using the Banker’s Rule.
(5 marks)

4
SIMPLE INTEREST MAT112

PART A
(Q1) JULY 2020

Farid deposited RM6,500 in an account on 10 January 2020.If the simple interest rate was 5.5% per
annum,find the amount in her account on 15 April 2020 using exact time and exact simple interest.

(5 marks)

5
SIMPLE INTEREST MAT112

PART A
(Q1) FEBRUARY 2021

Ahmad deposited RM5,000 in an account on 8 Mac 2020. If the simple interest rate was 6.5% per annum,
find the amount in his account on 15 June 2020 using approximate time and exact simple interest.
(5 marks)

6
SIMPLE INTEREST MAT112

PART A
(Q1) JULY 2021

On 17 June 2020, RM7,000 was saved in a bank that offered 6.6% simple interest per annum. Find the
amount of interest earned on 28 September 2020 by using approximate time and exact simple interest.
(5 marks)

7
SIMPLE INTEREST MAT112

PART A
(Q1) FEBRUARY 2022

RM3,500 was deposited into an account on 12 July 2020. If the simple interest rate was 4.65% per annum,
find the amount in the account on 26 November 2020 using exact time and exact simple interest.
(5 marks)

8
SIMPLE INTEREST MAT112

(Q1) JULY 2022

A) On 23 February 2020, Alisha deposited RM5,500 in an account that offered a simple interest rate of
4.5% per annum. Find the amount received if Alisha closed her account on 25 June 2020 using the
exact time and exact simple interest.

(5 marks)

9
SIMPLE INTEREST MAT112

(Q1) JULY 2022

B) A finance company charged a loan of RM3,000 at a simple interest of 12% per year. If the interest
paid was RM972, how long was the term of the loan?
(3 marks)

10
SIMPLE INTEREST MAT112

(Q1) FEBRUARY 2023

A) On 3 January 2020, Ellen deposited some money in an account that offered an interest rate of 5.8%
per annum. If she earned RM8,157.20 on 7 May 2020, find the initial deposit using approximate
time and exact simple interest.

(5 marks)

11
SIMPLE INTEREST MAT112

(Q1) FEBRUARY 2023

B) Umar took a loan of RM8,000 from a bank for 27 months. If he paid RM1,080 as interest at the end
of the loan period, find the rate of interest.

(3 marks)

12
 CHAPTER 2:
BANK DISCOUNT & PROMISSORY
NOTES
BANK DISCOUNT & PROMISSORY NOTES MAT112

PART A
(Q2) JUNE 2018

Bellina borrowed RM7,500 from bank z for 2 years to pay off some bills and catch up on car payments.if
the proceeds received were RM6,375,find the discount rate that was charged?
(5 marks)

1
BANK DISCOUNT & PROMISSORY NOTES MAT112

PART B
(Q2) JUNE 2018

A) Mellisa received a 160-days promissory note and the note was discounted at a rate of 6%. The
proceeds received were RM25,000. Compute the maturity value of the note by using the Banker’s Rule.

(6 marks)

2
BANK DISCOUNT & PROMISSORY NOTES MAT112

PART A
(Q2) DECEMBER 2018

Thomas received a 120-day promissory note with a simple interest of 4% per annum. The maturity value of
the note is RM1,560. Find the face value of the note.

(5 marks)

3
BANK DISCOUNT & PROMISSORY NOTES MAT112

PART B
(Q2) DECEMBER 2018

A) Haris received a 110-day promissory note on 16 June 2018 with a simple interest rate of 5% per
annum. He discounted the note after 58 days at a discount rate of 3% and the proceeds received
wa RM10,000. Find the maturity value of the note.
(6 marks)

4
BANK DISCOUNT & PROMISSORY NOTES MAT112

PART A
(Q2) JUNE 2019

Syamsina needs RM3,500 now. Find the amount that she should borrow for 200 days from a bank that
charges 8.5% bank discount rate.
(5 marks)

5
PROMISSORY NOTES & BANK DISCOUNT MAT112

PART B
(Q2) JUNE 2019

A) Amin received a promissory note at 6.85% simple interest rate on 3 June 2018. The note will
mature on 11 September 2018. After holding the note for 55 days, he discounted the note at
discount rate of 7% and received proceeds of RM7,500. Find the maturity value of the note.
(6 marks)

6
PROMISSORY NOTES & BANK DISCOUNT MAT112

PART A
(Q2) DECEMBER 2019

David needs RM30,000 now to start a business. How much should he borrow from a bank for 3 years at 7%
bank discount rate?
(5 marks)

7
PROMISSORY NOTES & BANK DISCOUNT MAT112

PART B
(Q2) DECEMBER 2019

A) Cindy received a 120-day promissory note with a simple interest rate of 6% per annum on 12 june
2018. She discounted the note at bank discount rate of 8% on 14 September 2018. The proceeds she
received were RM 10,224.60. Find the maturity value of the note.
(6 marks)

8
PROMISSORY NOTES & BANK DISCOUNT MAT112

PART A
(Q2) JULY 2020

Fatimah received a 120-day promissory note with a simple interest of 6.85% per annum. The maturity
value of the note is RM2,045.67.Find the face value of the note.

(5 marks)

9
PROMISSORY NOTES & BANK DISCOUNT MAT112

PART B
(Q2) JULY 2020

A) Amir received a promissory note at 4% simple interest rate on 5 July 2019. The note will mature on 13
October 2019. After holding the note for 60 days, he discounted the note at discount rate 6% and received
proceeds RM 8,000. Find the maturity value of the note. (6 marks)

10
PROMISSORY NOTES & BANK DISCOUNT MAT112

PART A
(Q2) FEBRUARY 2021

Rodisah received a 120-day promissory note with a simple interest of 6.5% per annum. The 1 maturity
value of the note is RM2,045.67. Find the face value of the note.

(5 marks)

11
PROMISSORY NOTES & BANK DISCOUNT MAT112

PART B
(Q2) FEBRUARY 2021

A) Faizul received a promissory note at 3.5% simple interest rate on 15 July 2020. The note will mature on
28 October 2020. After holding the note for 60 days, he discounted the note at discount rate of 5.5%
and received proceeds of RM8,000. Find the maturity value of the note.

(6 marks)

12
PROMISSORY NOTES & BANK DISCOUNT MAT112

PART A
(Q2) JULY 2021

Shahir received a 70-day promissory note with a simple interest rate at 3.8% per annum and a maturity
value of RM17,670. After he kept the note for 50 days, he then sold it to a bank at a discount rate of 3%.
Find the amount of proceeds received by Shahir.
(5 marks)

13
PROMISSORY NOTES & BANK DISCOUNT MAT112

PART B
(Q2) JULY 2021

A) Mr Hu received a 100-day promissory note with a simple interest rate of 5.5% per annum on 9
February 2021. He discounted the note at a bank discount rate of 7% on 30 April 2021. The amount of
proceeds that he received were RM7,470.83. Find the maturity value of the note.

(6 marks)

14
PROMISSORY NOTES & BANK DISCOUNT MAT112

PART A
(Q2) FEBRUARY 2022

Anzalna now needs RM20,000 to start a food business. Find how much she should borrow from a bank for
3 years at 6.8% bank discount rate.
(5 marks)

15
PROMISSORY NOTES & BANK DISCOUNT MAT112

PART B
(Q2) FEBRUARY 2022

A) Amirah received a 130-day promissory note at 5% simple interest rate on 10 May 2021. She
discounted the note at discount rate of 6% on 18 August 2021. The proceeds she received were
RM7,200. Find the maturity value of the note.
(6 marks)

16
 PROMISSORY NOTES & BANK DISCOUNT MAT112

(Q1) JULY 2022

C) On 10 January 2022, Zafran received a promissory note from Orchid with 9% simple interest. The note
matured on 11 June 2022 with maturity value of RM7,266. After keeping the note for 52 days, Zafran
then discounted the note at a bank and received RM7,130.77.

I) Determine the maker of the note.

(1 marks)
Ii) Calculate the face value of the note.
(5 marks)
Iii) Find the discount date.
(2 marks)
Iv) Calculate the discount rate.
(2 marks)
v) Find the simple interest rate that is equivalent to the discount rate in (iv).
(2 marks)

17
 PROMISSORY NOTES & BANK DISCOUNT MAT112

(Q1) FEBRUARY 2023

C) Kamala received a promissory note on 15 April 2022 from Tirmizi with a simple interest of 5% per annum
and the face value of the note was RM5,000. The note matured on 16 August 2022. However, 23 days
before the maturity date, she discounted the note to a bank and received proceeds of RM4,900.

I) Determine the payee of the note.

(1 marks)
Ii) Find the maturity value of the note. Iii)
(5 marks)
Find the amount of discount received.Iv)
(2 marks)
Find the discount date.
(2 marks)
v) Find the discount rate that is equivalent to the simple interest rate.
(2 marks)

18
 CHAPTER 3:
COMPOUND INTEREST
COMPOUND INTEREST MAT112

PART A
(Q3) JUNE 2018

RM23,500 was invested in a bank for 3 years 7 months.if the interest rate offered was 9.6% compound
every two months ,find the accumulated amount at the end of the investment period.
(5 marks)

1
COMPOUND INTEREST MAT112

PART B
(Q2) JUNE 2018

B) RM10,000 was invested by Sarah for 7 years. The interest rate offered was 6% compounded monthly.
After 3 years, Sarah invested another RM5,000. Find the accumulated amount of her investment after
7 years.
(8 marks)

2
COMPOUND INTEREST MAT112

PART A
(Q3) DECEMBER 2018

Marissa took loan of RMY from Bank Perpaduan at an interest rate of 6.5% compounded every months.
After 8 years, the amount to be paid is RM 8,386.65. Find Y.
(5 marks)

3
COMPOUND INTEREST MAT112

PART B
(Q 2) DECEMBER 2018

B) Three years ago, an amount of Rm3,000 was deposited in a savings account that paid interest at 4.5 %
compounded quarterly. Today,another RM1,500 is deposited into the account. Find the accumulated
amount at the end of eight years from the initial deposit.
(8 marks)

4
COMPOUND INTEREST MAT112

PART A
(Q3) JUNE 2019

Jarjit invested ed RM 40,000 in a fund that pay interest at RM5.5% compounded quarterly t years
ago. Find the t if the amount of the investment today is RM 64,555.53.
(5 marks)

5
COMPOUND INTEREST MAT112

PART B
(Q 2) JUNE 2019

B) Alana deposited RMX into a saving account for 7 years. The interest rate is 3.75% compounded every
two months for the first 2.5 years and 4.15% compounded quarterly for the rest of the period. If the
accumulated amount in the saving account at the end of 7 years is RM5,949.60 , find the value of X.
(8 marks)

6
COMPOUND INTEREST MAT112

PART A
(Q3) DECEMBER 2019

RM X was deposited in a bank account which pays 6% compounded quarterly . At the end of eight years,
the amount in the account was RM10,628.15. Find the value of X.
(5 marks)

7
COMPOUND INTEREST MAT112

PART B
(Q 2) DECEMBER 2019

B) Six years ago, Jason opened an account with a deposit of RM 4,000. Today, he deposits another
RM1,000 in this account. Calculate the amount of money In that account 10 years after his first
deposit if the bank pays 9% compounded semi-annually.
(6 marks)

8
COMPOUND INTEREST MAT112

PART A
(Q3) JULY 2020

Maznah took a loan of RM P from a bank at an interest rate 6.5% compounded every four months. After 6
years, the amount to be paid is RM4,412.53. Find the value of P.
(5 marks)

9
COMPOUND INTEREST MAT112

PART B
(Q 2) JULY 2020

B) RM500 is invested for 4 years 10 months. This investment is offered interest rates of 7.5% compounded
quarterly for the first 2 years and 6% compounded monthly for the rest of the period. Calculate the
amount at the end of the investment period.
(6 marks)

10
COMPOUND INTEREST MAT112

PART A
(Q3) FEBRUARY 2021

Eight years ago, RMX was invested into a bank that offered an interest rate of 5.5% compounded quarterly.
If the balance in the account today is RM6,192.24, find the value of X.
(5 marks)

11
COMPOUND INTEREST MAT112

PART B
(Q 2) FEBRUARY 2021

B) RM5,000 was invested for five years. The bank offered 6% compounded semi-annually for the first
three years, and 8% compounded monthly for the rest of the period. Find the amount in the account at
the end of the term and the interest earned from this investment.
(8 marks)

12
COMPOUND INTEREST MAT112

PART A
(Q3) JULY 2021

Sumayyah deposited RM6,600 in an account at 4% compounded quarterly. After t years, the amount in her
account becomes RM8,380.25. Find the value of t.
(5 marks)

13
COMPOUND INTEREST MAT112

PART B
(Q 2) JULY 2021

B) Aileen invested RM13,000 in an investment scheme at an interest rate of 4% compounded monthly.

Four years later, she withdraws RM10,000 from the account. If she decides to continue investing for
another two years, what is the amount in her account at the end of the investment period?
(8 marks)

14
COMPOUND INTEREST MAT112

PART A
(Q3) FEBRUARY 2022

Deborah deposited RM7,500 into a bank account that paid an interest rate of 5.5% compounded every 6
months. Find the interest eamed after 3 years.
(5 marks)

15
COMPOUND INTEREST MAT112

PART B
(Q 2) FEBRUARY 2022

B) Five years ago, Faiz deposited RM5,000 into a saving account that paid interest at 6.5% compounded
monthly. Today, another RM10,000 is deposited into the same account. Find the accumulated amount
at the end of 8 years from the initial deposit.
(8 marks)

16
 COMPOUND INTEREST MAT112

(Q 2) JULY 2022

A) Izzati Syuhada invested RM15,000 in an investment scheme for 12 years. The investment rate offered
was 4.5% compounded quarterly for the first seven years and 6% compounded every two months for the
rest of the periods. Find the future value of the investment.
(6 marks)

17
 COMPOUND INTEREST MAT112

(Q 2) JULY 2022

B) Five years ago, Lian saved RM X into an account that offered an interest rate of 4.38% compounded
monthly. Find the value of X if now the total amount in her 7 account is RM2,426.45.
(4 marks)

18
 COMPOUND INTEREST MAT112

(Q2) FEBRUARY 2023

A) A bank offers an interest rate of 4.2% compounded quarterly for the first 5 years and 5% compounded
semi-annually for the next 5 years. If a man wants to invest RM10,000 for 10 years in that bank, find the
total amount he will receive when the investment period ends.
(6 marks)

19
 COMPOUND INTEREST MAT112

(Q2) FEBRUARY 2023

B) Seven years and eight months ago, Jonny saved RM25,000 into an account with an interest rate of 6%
compounded every four months. Today, he has withdrawn RM3,000 from the same account. Find the
balance in his account after the withdrawal.
(4 marks)

20
CHAPTER 4:
ANNUITY
ANNUITY MAT112

PART A
(Q4) JUNE 2018

Joshua deposited RM200 every month into XYZ account for 5 years at 12% interest compounded
monthly.Calculate the total amount at the end of 5 years.
(5 marks)

1
ANNUITY MAT112

PART B
(Q3) JUNE 2018

B) Johan bought a house for RM200,000. He paid a down payment of 20% and took a loan that charged
6.5% interest compounded monthly to finance the balance . The loan is to be repaid over 20 years by
monthly installments.

I) Calculate the monthly payment. (6 marks)

Ii) If Johan missed the first 5 monthly payments, how much should he pay on the 6th installment to
keep his payments up-to-date?
(6 marks)

2
ANNUITY MAT112

PART A
(Q4) DECEMBER 2018

Hakimi deposits RM215 every month in an account that pays 6% interest compounded monthly. Find the
amount in the account after 5 years 6 months.

(5 marks)

3
ANNUITY MAT112

PART B
(Q 3) DECEMBER 2018

B) Alyah bought a bedroom set for RM6,500 and paid RM500 as a down payment. The balance was to
be paid by monthly payments for four years . The interest rate charged was 5.5 % compounded
monthly.

I) Calculate the monthly payment. (4 marks)

II) If Alyah fails to pay the first six monthly payments, find the amount she had to pay on the 7th
payment to settle the outstanding arrears.
(4 marks)

4
ANNUITY MAT112

PART A
(Q4) JUNE 2019

Fizi takes a loan that charged interest at 6.6% compounded monthly. He repays the loan in 8 years with
monthly payment of RM677. Immediately after paying the 66th payment, he decides to settle the balance
of the loan. Find the balance to be paid.

(5 marks)

5
ANNUITY MAT112

PART B
(Q 3) JUNE 2019

B) A house costing RM320,000 cash is purchased by making a 20% down payment. The balance is to be
settled by making 240 monthly payments. The interest charged is 4.55% compounded monthly.

I) Calculate the monthly payment. (4 marks)

II) If the buyer fails to pay for the first tenth monthly payment, how much should the buyer pay on the
eleventh payment to settle all the outstanding arrears?
(4 marks)

6
ANNUITY MAT112

PART A
(Q4) DECEMBER 2019

Harry borrowed RM 50,000 from a financial institution which charges 5% compounded monthly. He paid
the loan by making 48 monthly payments. Find his monthly payments.
(5 marks)

7
ANNUITY MAT112

PART B
(Q3) DECEMBER 2019

B) Anthony plans to take up business and purchase a shop lot near his home. He saves RM10,000 in an
account that pays 6% compounded every four months. Four years later,he withdrew all his money to
pay for the down payment of the shop lot.

III) Find the value of the down payment. (3 marks)

IV) The balance of the shop lot’s price was financed through another bank that charges an interest rate
of 4.25% compounded monthly. The loan was to be paid by making RM1,502 every month for the next
15 years . Find the cash price of the shop lot.
(5 marks)

8
ANNUITY MAT112

PART A
(Q4) JULY 2020

Omar deposits RM250 every month in an account that pays 5% interests compounded monthly. Find the
amount in the account after 4 years 9 months.
(5 marks)

9
ANNUITY MAT112

PART B
(Q3) JULY 2020

B) Ahmad bought a terrace house at RM550,000. He paid a 10% down payment and the balance was
financed by taking a loan for 20 years. The interest charged was 4.5% compounded monthly.

I) Find the monthly payment. (4 marks)

II) Immediately after paying 10 years, Ahmad wants to settle the loan by making a single payment,
find this single payment.
(4 marks)

10
ANNUITY MAT112

PART A
(Q4) FEBRUARY 2021

Rudy saves RM350 every two months in an account that pays 4.5% interest compounded every 2 months.
Find the amount in the account after 9 years.
(5 marks)

11
ANNUITY MAT112

PART B
(Q3) FEBRUARY 2021

B) Rina bought a land at RM750,000. She paid a 10% down payment, and the balance was financed by
taking a loan for 25 years. The interest charged was 4% compounded monthly.

I) Find the monthly payment and interest charged. (6 marks)

II) After paying for 20 years, Rina sold the land for RM250,000. With that money, she plans to settle
her loan in a single payment. What is the net amount she received?

(6 marks)

12
ANNUITY MAT112

PART A
(Q4) JULY 2021

Cheong invested RM700 every month into an investment scheme for 9 years that pays an interest rate of
5% compounded monthly. Find the future value at the end of the investment period.

(5 marks)

13
ANNUITY MAT112

PART B
(Q3) JULY 2021

B) Leah deposited RM350 monthly into an investment scheme that offers interest rate of 3.8%
compounded monthly. After 5 years of the investment, she withdrew all the money to pay the down
payment of the house she bought. The price of the house is RM200,000 and the balance is paid by
making 240 monthly payments. The interest rate charged is 4% compounded monthly. Calculate

I) the total interest earned from the investment scheme. (6 marks)

II) the monthly payment to be paid for the house.

(6 marks)

14
ANNUITY MAT112

PART A
(Q4) FEBRUARY 2022

Jeremiah invested RM100 every month into his Paradise Mutual Fund account for 8 years at an interest
rate of 6% compounded monthly. Find the future value at the end of the investment period.

(5 marks)

15
ANNUITY MAT112

PART B
(Q3) FEBRUARY 2022

B) Herman bought a terrace house at RM650,000. He paid a 10% down payment and the balance was
financed by taking a loan for 25 years. The interest charged was 5% compounded monthly.

I) Find the monthly payment and interest charged.

(6 marks)

II) If the loan is settled 5 years earlier than the actual period through a single payment, find this single
payment.

(6 marks)

16
ANNUITY MAT112

(Q3) JULY 2022

A) Ameena borrowed a certain sum of money from a financial institution that charged 4.5%
compounded monthly. She has to pay RM725 every month for 9 years. Calculate the initial value of
the loan.
(4 marks)

17
ANNUITY MAT112

(Q3) JULY 2022

B) Nadhirah needs to pay RM168.28 every month for a loan of RM7,000 from XYZ Bank at 7.2%
compounded monthly.

I) Calculate the number of equal payments required.

(6 marks)
II) If Nadhirah failed to pay the first five monthly payments, how much should she pay on the sixth
instalment to settle the outstanding arrears?
(6 marks)

18
ANNUITY MAT112

(Q3) FEBRUARY 2023

A) RM800 is deposited every six months in an account for 13 years at 5.4% compounded a) semi-
annually. Find the amount in the account at the end of 5 years and 6 months.
(4 marks)

19
ANNUITY MAT112

(Q3) FEBRUARY 2023

B) Ameena borrowed a certain sum of money from a financial institution that charged 4.8% compounded
monthly. She must pay RM725 every month for 9 years. Calculate the initial value of the loan.

(4 marks)

20
ANNUITY MAT112

(Q3) FEBRUARY 2023

C) Puan Mariani needs to pay RM268 every month for a loan of RM10,554 from XYZ Bank at 18%
compounded monthly.

I) Calculate the number of equal payments required.

(5 marks)
II) If Puan Mariani failed to pay the first five monthly payments, how much should she pay on the sixth
payment to settle the outstanding arrears?
(5 marks)

21
 CHAPTER 5:
TRADE & CASH DISCOUNT
TRADE & CASH DISCOUNT MAT112

PART A
(Q6) JUNE 2018

A washing machine is listed at RM2,069 with a discount of 25%. What additional discount must be offered
to the customer to bring the net price to RM1,429.90?
(5 marks)

1
TRADE & CASH DISCOUNT MAT112

PART B
(Q1) JUNE 2018

A) An owner of a stationary shop received an invoice for the purchase of 100 pens at RM2 each and 150
rulers at RM 1 each. The invoice was dated 8 July 2017. He was offered trade discount of 12% and 9%,
and cash discount terms of 15/10, 5/20 and n/30. The dealer paid the invoice on 20 July 2017, Find:

I) The single discount equivalent to the given trade discounts.

(3 marks)

Ii) The amount of payment made on 20 July 2017.

(5 marks)

2
TRADE & CASH DISCOUNT MAT112

PART A
(Q6) DECEMBER 2018

Anita purchased goods with a net price of RM3,700 and the transportation charge was RM150.00 The
invoice was dated 20 July 2018 with cash discount terms of 4/10 , 2/27 and n/30. if the invoice is paid on
15 August 2018,determine the amount needed to be paid.
(5 marks)

3
TRADE & CASH DISCOUNT MAT112

PART B
(Q1) DECEMBER 2018

A) An invoice dated 23 April 2017 was received by Anna Scarves for the purchase of 120 shawls at RM10
each. The owner was offered trade discounts of 10% and 8% and cash discount terms of 5/15, 3/20
and n/30.Find :

I) The single discount equivalent to the trade discounts given.

(3 marks)

II) The last day to receive the 3% cash discount.

(2 marks)

Iii) the amount due if the owner pays the invoice on 10 May 2017.
(4 marks)

4
TRADE & CASH DISCOUNT MAT112

PART A
(Q6) JUNE 2019

Tunggak Jaya Enterprise bought wood stoves from a wholesaler at listed price of RM850 per unit with Jaya
trade discounts of 25% and x%. If the amount of trade discount obtained was RM244.35, Find the value of
x.
(5 marks)

5
TRADE & CASH DISCOUNT MAT112

PART B
(Q1) JUNE 2019

A) Ayra Butik Collection received an invoice dated 12 November 2018 for purchased of 150 baju kurung
at RM75 each. The retailer was offered trade discount of 12% and 8% with cash discount terms of
8/10,5/15 and n/30.Find

I) The single discount rate equivalent to the trade discounts given.

(3 marks)

Ii) The last day to receive 5% cash discount.

(2 marks)

Iii) the amount to be paid if the payment was made on 25 November 2018.
(4 marks)

6
TRADE & CASH DISCOUNT MAT112

PART A
(Q6) DECEMBER 2019

KipMart Company received an invoice dated 15 July 2019. The trade discount offered was 15% and 8% and
the cash discount terms were 3/15, 2/20, n/30. On 4 August 2019, the company paid RM7,450. Find the list
price of the items.
(5 marks)

7
TRADE & CASH DISCOUNT MAT112

PART B
(Q1) DECEMBER 2019

A) Setia Jaya Enterprise received an invoice of RM 5,200 dated 23 March 2019 for the purchase of 100
shoes . The trade discount given was 14% and 10% and cash discount terms of 5/10, 3/25, n/40. Find

I) The single discount equivalent rate to the trade discount given.

(3 marks)

II) The amount of trade discount received.

(2 marks)

Iii) the amount to be paid if the payment was made on 14 April 2019.
(4 marks)

8
TRADE & CASH DISCOUNT MAT112

PART A
(Q6) JULY 2020

Given a single discount equivalent rate of trade discounts 13%, X% and 7% was 27.18%.Find the value of X.

(5 marks)

9
TRADE & CASH DISCOUNT MAT112

PART B
(Q1) JULY 2020

A) On 17 May 2020,Tulip Store received an invoice for the purchase of 250 dresses at RM25 each. The
store was offered trade discounts of 8% and 6% with cash discount terms of 4/20,c/30 and n/45. Find:

I) The amount of trade discount.

(4 marks)

II) The value of cash discount c if the amount to be paid on 12 June 2020 was RM5,296.90.

(5 marks)

10
TRADE & CASH DISCOUNT MAT112

PART A
(Q6) FEBRUARY 2021

The list price of an item is RM1,500 with trade discounts of 30% and x%. If the net price is RM945, find the
value of x.
(5 marks)

11
TRADE & CASH DISCOUNT MAT112

PART B
(Q1) FEBRUARY 2021

A) Naim received an invoice dated 20 November 2020 with the amount of RM3,200 including
transportation cost of RM200. The trade discounts given were 15% and 10% and the cash discount
terms was 5/10, 3/20, n/30. Find:

I) The single discount equivalent to the given trade discounts.

(3 marks)

II) The amount to be paid if he made a payment on 30 November 2020.

(5 marks)

12
TRADE & CASH DISCOUNT MAT112

PART A
(Q6) JULY 2021

The net price of an item after trade discounts of X % and 10% is RM5,370. Find the value of X if the list
price is RM6,350.
(5 marks)

13
TRADE & CASH DISCOUNT MAT112

PART B
(Q1) JULY 2021

A) A retailer received an invoice dated 18 May 2021 for the items he purchased. The handling and
transportation charges are RM X and RM250, respectively. The price after trade discounts of 15% and
10 is RM6,028.20. He was offered a cash term of 5/10, 3/15, n/30. The total amount he paid is
RM6,467.35 including handling and transportation charges.

I) Calculate the list price of the items.

(3 marks)

II) Find the handling charge if he settles the invoice on 1 June 2021.

(5 marks)

14
TRADE & CASH DISCOUNT MAT112

PART A
(Q6) FEBRUARY 2022

An invoice of RM7,500 has been received by a retailer with trade discounts of 10%, 7% and 5%. Find the
amount of discount obtained.

(5 marks)

15
TRADE & CASH DISCOUNT MAT112

PART B
(Q1) FEBRUARY 2022

A) ABC Company Sdn. Bhd. received an invoice of RM35,000 dated 24 May 2020 with trade discounts of
20%, 15% and cash discount term of 8/15, 5/20, n/30. The transportation cost was RM200. Find:

I) the single discount equivalent rate to the trade discounts given.

(3 marks)
II) the total amount of payment if the payment was made on 10 June 2020.
(5 marks)

16
TRADE & CASH DISCOUNT MAT112

(Q2) JULY 2022

C) Rita received an invoice dated 29 Mac 2021 with the amount of RM5,826 including transportation
cost of RM200. The trade discounts given were 16% and 9% and the cash discount terms were 5/8,
3/17, and n/30. Find

I) the single discount rate that is equivalent to the series of trade discounts given.
(2 marks)
Ii) the last date to receive a 3% cash discount.
(3 marks)
Iii) the amount to be paid if she made a payment on 5th April 2021.
(5 marks)

17
TRADE & CASH DISCOUNT MAT112

(Q2) FEBRUARY 2023

C) Global Sdn. Bhd. received an invoice for a set of furniture dated 15 July 2022 in the amount of
RM9,700, including a transportation cost of RM250. The trade discounts were 14% and 7%, and the
cash discount terms were 10/7, 8/14, and n/30. Find:

I) the single discount rate that is equivalent to the series of trade discounts given.
(2 marks)
Ii) the last date to receive 10% and 8% cash discount.
(3 marks)
Iii) the total payment if the payment was made on 26 July 2022.
(5 marks)

18
 CHAPTER 6:
MARK UP & MARK DOWN
MARK UP & MARK DOWN MAT112

PART A
(Q7) JUNE 2018

The markdown percent of a TV set is 15%.if the new retail price is RM1,700,find the old retail price.
(5 marks)

1
MARK UP & MARK DOWN MAT112

PART B
(Q1) JUNE 2018

B) Rose Company bought an air conditioner for RM3,000.00. The company wanted to sell the air
conditioner by making a gross profit of 45% based on selling price. If the operating expenses were 14%
of the cost, find:

I) The selling price of the air conditioner. (6 marks)

ii) The maximum percent of markdown that can be offered without incurring any loss.
(6 marks)

2
MARK UP & MARK DOWN MAT112

PART A
(Q7) DECEMBER 2018

A retailer sold 30 pairs of shoes for RM2,550. the shoes were sold with a markup of 25% on cost foe each
pair of shoes. Find the total cost of the shoes.
(5 marks)

3
MARK UP & MARK DOWN MAT112

PART B
(Q1) DECEMBER 2018

A) Elegant watch Sdn. Bhd. Bought 40 smartwatches for RM150 each. If the operating expenses
estimated are 20% based on cost and the net profit is 10% based on selling price, calculate

I) The total selling price if all smartwatches are sold. (6 marks)

ii) The maximum percentage of markdown that could be offered to customers so that there is no
profit or loss.
(5 marks)

4
MARK UP & MARK DOWN MAT112

PART A
(Q7) JUNE 2019

A bridal shop sold 10 bridesmaid dresses for RM X. The cost for a dress is RM300. The markup was 45%
based on selling price. Find the value of X.
(5 marks)

5
MARK UP & MARK DOWN MAT112

PART B
(Q1) JUNE 2019

B) Excellent stationary Sdn.Bhd. would like to sell a box of gel pens at the price of RM150. There are 20
gel pens in a box. The operating expenses are RM2.30 for a gel pen. If the company wants to have 30%
net profit based on cost.

I) Find the cost for a gel pen. (6 marks)

ii) Determine whether there is any profit or loss incurred if the company wants to sell a box of gel
pens at RM 120.
(5 marks)

6
MARK UP & MARK DOWN MAT112

PART A
(Q7) DECEMBER 2019

Andy bought a lawn mower that cost RM5,000. He was given 25% discount on that purchase. He later sold
that lawn mover with a markup of 35% on selling price. Find the selling price of the lawn mower.

(5 marks)

7
MARK UP & MARK DOWN MAT112

PART A
(Q7) JULY 2020

IT company sold a computer part at RM150 with the gross profit of 20% based on cost. Find the cost of the
computer part and its gross profit.

(5 marks)

8
MARK UP & MARK DOWN MAT112

PART B
(Q1) JULY 2020

B) The cost for 50 choco jars was at RM10 each. In order to sell the products, Anne wanted to obtain a
mark up 25% of selling price. The operating expenses were 10% based on cost.

I) Find a selling price of a choco jar. (3 marks)

ii) What is the maximum markdown rate that could be offered so that there is no loss?
(4 marks)

iii) After 3 weeks, Anne managed to sell 42 choco jars , Therefore, markdown of 35% was given to clear
the stock. Calculate the net profit or loss of 50 choco jars.
(4 marks)

9
MARK UP & MARK DOWN MAT112

PART A
(Q7) FEBRUARY 2021

A retailer purchased 100 toys for RM2,500. If the markup was 20% of selling price, find the selling price of a
toy.
(5 marks)

10
MARK UP & MARK DOWN MAT112

PART B
(Q1) FEBRUARY 2021

B) Fifi Company Sdn. Bhd. received an invoice of 200 baby dresses at RM6,800. All the dresses were sold
with a net profit of 15% based on selling price. The operating expenses was 20% of cost. Find:

I) The selling price of a dress. (6 marks)

ii) The maximum markdown percent that could be offered so that no loss is incurred.
(6 marks)

11
MARK UP & MARK DOWN MAT112

PART A
(Q7) JULY 2021

A furniture set was originally sold at RM3,250. During the year end sale, the retailer decided to mark down
the price by 20%. Calculate the amount of mark down and the new selling price.

(5 marks)

12
MARK UP & MARK DOWN MAT112

PART B
(Q1) JULY 2021

B) A retailer paid RM3,685 for a smartphone. The operating expenses are 18% of the selling price and the
required net profit is 15% of the selling price. During a clearance sale, the price of the smartphone was
marked down by RM660.

I) What are the regular selling price and the new selling price?
(6 marks)

ii) Determine whether the retailer gains profit or suffers loss if he wants to sell 2 smartphones. How
much is the profit or loss?
(6 marks)

13
MARK UP & MARK DOWN MAT112

PART A
(Q7) FEBRUARY 2022

A retailer bought a washing machine at RM650 with 10% trade discount. If the retailer decided to obtain
15% markup based on selling price, find the selling price of the washing machine.
(5 marks)

14
MARK UP & MARK DOWN MAT112

PART B
(Q1) FEBRUARY 2022

B) An online seller bought 100 boxes of face mask for RM5 each. The operating expenses incurred was
15% of the selling price. The seller wants to resell the face mask at a net profit of 19% based on cost
per box.

I) Find the total selling price.

(6 marks)

ii) What is the maximum percentage of mark down that could be offered without incurring any loss?

(6 marks)

15
MARK UP & MARK DOWN MAT112

(Q4) JULY 2022

A) A retailer bought a rice cooker at RM89. The rice cooker was sold with a gross profit of 35% based
on the selling price. Find the selling price of the rice cooker.

(4 marks)

16
MARK UP & MARK DOWN MAT112

(Q4) JULY 2022

B) Music X Center sold a grand piano for RM21,199. If the operating expenses were 27% on cost and
the net profit was 15% on cost, find the cost of the piano.

(4 marks)

17
MARK UP & MARK DOWN MAT112

(Q4) JULY 2022

C) A grocer bought 45 boxes of plum at RM18 per box and 20 boxes of grapes at RM12.50 per box. The
operating expenses incurred were 10% of the total cost. If the grocer wants a net profit of 25% based
on the total selling price, find

I) the total selling price.

(6 marks)

ii) the maximum percentage of mark down that could be offered without incurring any loss.

(6 marks)

18
MARK UP & MARK DOWN MAT112

(Q4) FEBRUARY 2023

A) The cost of a smartwatch is RM600. Find the selling price of the smartwatch if it was sold with a
gross profit of 14% based on cost.

(4 marks)

19
MARK UP & MARK DOWN MAT112

(Q4) FEBRUARY 2023

B) A retailer bought 42 sling bags at RM130 per bag. She planned to sell all the bags for a net profit of 27%
based on the selling price and the operating expenses incurred were 10% based on cost. Compute;

I) the total selling price if she managed to sell all the bags.
(6 marks)

ii) the maximum percentage of markdown that could be offered without incurring any loss.

(6 marks)

20
 CHAPTER 7:
INSTALLMENT PURCHASE
INSTALLMENT PURCHASE MAT112

PART A
(Q5) JUNE 2018

Elena purchased a bedroom set at RM3,700 cash by installment. She was charged an interest of 15% based
on reducing balance. She has pay a down payment of RM500 and Equal weekly payments for 1.5 years.
Find the amount of interest charged by using the Constant Ratio Formula.
(5 marks)

1
INSTALLMENT PURCHASE MAT112

PART B
(Q3) JUNE 2018

A) Suraya bought a machine with a cash price of RM8,000. She paid a 10% down payment and the
balance was settled by making 36 monthly installments. If the interest rate charged was 6% per annum
based on the original balance, find:

I) The installment price of the machine. (5 marks)

Ii) the monthly payment. (3 marks)

2
INSTALLMENT PURCHASE MAT112

PART A
(Q5) DECEMBER 2018

A refrigerator was bought for RM3,000 through an installment plan by making a down payment of RM500
and monthly payment for 2 years. The interest rate of 5% per annum is charged based on original balance .
Calculate the monthly payment.
(5 marks)

3
INSTALLMENT PURCHASE MAT112

PART B
(Q 3) DECEMBER 2018

A) Mansor purchased a RM25,000 car on an installment payment. The purchase was settled by a down
payment of RM5,000 and the balance was repaid with 30 monthly installments. If the interest charged
is 4% per annum on the reducing balance, find :

I) The total interest charged (4 marks)

II) The monthly payment. (3 marks)

III) The outstanding balance if Mansor decides to settle the loan immediately after the 20th payment by
using the Rule of 78.
(5 marks)

4
INSTALLMENT PURCHASE MAT112

PART A
(Q5) JUNE 2019

The cash price of a Toyota Vellfire is RM350,000. Farid purchased the car and paid 10% down payment. The
balance has to be repaid by making monthly installment for 9 years. If the interest rate charge is 4.5 % per
annum on original balance, calculate the total interest charged.
(5 marks)

5
INSTALLMENT PURCHASE MAT112

PART B
(Q 3) JUNE 2019

A) Dahlia purchased 3 bedroom sets that costs RM30,000 through an installment plan. She paid RM1,500
as a down payment and the balance is to be paid with 24 monthly installments. If the interest rate is
6% flat rate, find

I) The amount of interest charged (4 marks)

II) The monthly payment. (3 marks)

III) The outstanding balance if Dahlia decides to settle the loan immediately after the 15th payment by
using the Rule of 78.
(5 marks)

6
INSTALLMENT PURCHASE MAT112

PART A
(Q5) DECEMBER 2019

Sarah bought a car through an instalment plan in which she paid RM10,000 as a down payment . she made
60 monthly payments of RM859 each to settle the unpaid balance. If the bank charged her an interest of
RM6,500 on the original balance, find the cash price of the car.

(5 marks)

7
INSTALLMENT PURCHASE MAT112

PART B
(Q 1) DECEMBER 2019

B) Cybernet Sdn.Bhd., a computer dealer bought 50 computer tables for RM250 each. Operating expenses
incurred was 20% of the cost price. If the net profit was 15% of the selling price, calculate

I) The total selling price if all computer tables are sold. (6 marks)

II) The maximum markdown percent that could be offered so that no loss is incurred.
(5 marks)

8
INSTALLMENT PURCHASE MAT112

PART B
(Q3) DECEMBER 2019

A) The cash price of a refrigerator is RM8,150. It can be purchased by monthly instalments and a down
payment of RM200. The payment is to be paid in 2 years and the interest charged is 3.5% on reducing
balance. Calculate

I) The amount of interest charged (4 marks)

II) The monthly payment. (3 marks)

III) The outstanding balance if a buyer wishes to settle the debt immediately after the 18th payment by
using the Rule of 78.
(5 marks)

9
INSTALLMENT PURCHASE MAT112

PART A
(Q5) JULY 2020

Zahira bought a water filter at RM4,280. She has to pay RM200 as a down payment.The balance has to be
repaid by making monthly payments in 3 years.If the interest charged is 4% per annum on original balance,
how much she should pay every month?

(5 marks)

10
INSTALLMENT PURCHASE MAT112

PART B
(Q3) JULY 2020

A) Azhar purchased a land at his village at RM80,000. He paid 10% down payment and the balance was to
be paid by making monthly payments in 10 years. If the interest charged was 4.5% per annum on
reducing balance, calculate:

I) The amount of interest charged. (4 marks)

II) The monthly instalment. (3 marks)

III) The outstanding balance if Azhar wishes to settle the debt immediately after 5 years by using the
Rule of 78.
(5 marks)

11
INSTALLMENT PURCHASE MAT112

PART A
(Q5) FEBRUARY 2021

The cash price of a television set is RM1,600. On an instalment plan, a 10% down payment is required
followed by 20 monthly payments. If the interest charged is 20% on the reducing balance, using the
Constant Ratio formula find the instalment price.
(5 marks)

12
INSTALLMENT PURCHASE MAT112

PART B
(Q3) FEBRUARY 2021

A) Ali purchased a computer for RM9,300 on an instalment payment. He paid a down payment of RM300
and the balance was to be paid with 30 monthly instalments. If the interest charged is 10% on the
original balance, calculate:

I) The monthly payment. (5 marks)

II) The outstanding balance if Ali decides to settle the debt immediately after the 25th payment by
using the Rule of 78. (3 marks)

13
INSTALLMENT PURCHASE MAT112

PART A
(Q5) JULY 2021

A Samdung 85° TV was bought for RM15,000 through an installment plan by making a down payment of
RM3,000 and monthly payment for 2 years. The interest rate of 5% per annum is charged based on original
balance. Calculate the monthly payment.
(5 marks)

14
INSTALLMENT PURCHASE MAT112

PART B
(Q3) JULY 2021

A) The cash price of a motorcycle is RM8,850. It can be purchased by monthly installments for 5 years.
The interest charge is 5% on reducing balance. If Ramli intends to buy the motorcycle, find

I) the monthly payment of the motorcycle.

(5 marks)

II) the outstanding balance if Ramli decides to settle the loan immediately after the 36th payment by
using Rule of 78. (3 marks)

15
INSTALLMENT PURCHASE MAT112

PART A
(Q5) FEBRUARY 2022

The cash price of a desktop is RM3,800. Amar purchased the desktop by paying RM500 down payment.
The balance was to be paid by making monthly payments for 2 years. If the interest charged is 4% per
annum on original balance, find the instalment price.

(5 marks)

16
INSTALLMENT PURCHASE MAT112

PART B
(Q3) FEBRUARY 2022

A) Faizal purchased an electric motorcycle at RM8,500 through an instalment payment. The purchase was
made by a down payment of RM1,500 and monthly instalments for 5 years. If the interest charged is
4% on reducing balance, find:

I) the monthly payment of the electric motorcycle.

(5 marks)

II) the outstanding balance if Faizal decides to settle the loan immediately after the 24th payment by
using Rule of 78. (3 marks)

17
INSTALLMENT PURCHASE MAT112

(Q5) JULY 2022

A) Nizam borrowed some amount of money from Barjaya Bank to purchase a new car. He has to repay
RM1,200 monthly for 5 years. If the bank charged an interest rate at 5% per annum on the original
balance, calculate the amount borrowed.
(4 marks)

18
INSTALLMENT PURCHASE MAT112

(Q5) JULY 2022

B) The cash price of a handphone is RM3,500. On an instalment plan, RM500 is required as a down
payment followed by monthly payments for 2 years. If the interest rate charged is 7% on the reducing
balance, find

I) the interest charged using the Constant Ratio formula.

(2 marks)
II) the monthly payment.
(2 marks)
III) the instalment price of the handphone.
(2 marks)

19
INSTALLMENT PURCHASE MAT112

(Q5) FEBRUARY 2023

A) Alia bought a water filter for her family with a cash price of RM9,750. She paid a 10% down payment
and the balance is to be paid in 60 monthly payments at interest charged of 11% per annum based on
the original balance. Find the monthly payment of the water filter.
(4 marks)

20
 INSTALLMENT PURCHASE MAT112

(Q5) FEBRUARY 2023

B) A home theatre system selling for RM3,504.09 cash can be purchased for a 25% down payment. The
remaining balance is repayable in 24 monthly instalments. If the interest rate charged is 5.5% on reducing
balance, find;

I) the interest charged using the Constant Ratio Formula.

(3 marks)
Ii) the monthly payments.
(3 marks)
Iii) the instalment price of the home theatre system.
(2 marks)
Iv) the outstanding balance if a buyer wishes to settle the loan immediately after the 20th payment by
using the Rule of 78.
(4 marks)

21
 CHAPTER 8:
DEPRECIATION
DEPRECIATION MAT112

PART A
(Q8) JUNE 2018

NS Company bought an excavator for RM 72,000. The use full life of the excavator is 8 years. If the book
value of the excavator at the end of 4 years RM 42,000, find its scrap value at the end of 8 years using the
straight line method.
(5 marks)

1
DEPRECIATION MAT112

PART B
(Q2) JUNE 2018

C) Rajoo bought a lorry at RM250,000. It is estimated to last for 10 years and with the scrap value of
RM165,000. Find the book value of the lorry after 5 years by using the declining balance method.
(6 marks)

2
DEPRECIATION MAT112

PART A
(Q8) DECEMBER 2018

Jojo enterprise bought a furniture at RM38,000.00 which has an expected life of 16 years. If the salvage
value is RM4,000, find the book value of the furniture after 6 years by using the declining balance method.
(5 marks)

3
DEPRECIATION MAT112

PART B
(Q2) DECEMBER 2018

C) A factory purchased a machine at RM50,000. The useful life of the machine is 12 years with a scrap
value of RM9,000. Find the book value after 6 years using the straight-line method.

(6 marks)

4
DEPRECIATION MAT112

PART A
(Q8) JUNE 2019

Radin bought a car that cost RM120,000. The useful life of the car is eight years. If the salvage value of the
car is RM50,000, find the book value of the car after four years using the declining balance method.

(5 marks)

5
DEPRECIATION MAT112

PART B
(Q2) JUNE 2019

C) Sunny Company buys a bus at RM150,000. The useful life of the bus is ten years. If the book value at
the end of five years is RM90,000, find the scrap value of the bus at the end of ten years using the
straight line method.

(6 marks)

6
DEPRECIATION MAT112

PART A
(Q8) DECEMBER 2019

The cost of a new machine is RM65,000. Calculate the rate of the depreciation using the reducing balance
method, if the book value of the machine at the end of 2nd year is RM41,600.
(5 marks)

7
DEPRECIATION MAT112

PART B
(Q2) DECEMBER 2019

C) Ahmad wants to sell his car that has been used for 9 years. The car was bought for RM 155,000. The
scrap value after 15 years is estimated to be RM29,500. Two second hand car dealers A and B offered
to buy his car. Dealer A used reducing balance method while Dealer B used the Straight line method
to calculate the depreciation. Find the book value at the end of 9th year for both dealers. Hence, state
which dealer should Ahmad choose.

(8 marks)

8
DEPRECIATION MAT112

PART A
(Q8) JULY 2020

A company bought a machine for RM75,000. The useful life of the machine is 7 years and its scrap value is
RM5,000. Find the book value of the machine at the end of 6 years using the straight line method.

(5 marks)

9
DEPRECIATION MAT112

PART B
(Q2) JULY 2020

C) A machine is purchased at RM455,000. Its scrap value at the end of 6 years is RM21,873.30. Using
the reducing balance method, find the book value of the machine at the end of the third year.
(8 marks)

10
DEPRECIATION MAT112

PART A
(Q8) FEBRUARY 2021

A new Proton X70 costing RM122,800 depreciates at a rate of r%. The scrap value at the end of 9 years is
RM46,866.35. Using the reducing balance method, find the value of r and the book value at the end of 5
years.
(5 marks)

11
DEPRECIATION MAT112

PART B
(Q2) FEBRUARY 2021

C) Mikayla Enterprise bought a vending machine at RM11,800 from Lazada Malaysia. The useful life of
the vending machine is twelve years. Find the scrap value of the vending machine at the end of
twelve years using the straight line method if the book value at the end of five years is RM7,675.

(6 marks)

12
DEPRECIATION MAT112

PART A
(Q8) JULY 2021

A car was bought for RM75,000 has a life span of ten years. If the salvage value is RM23,000, find the book
value of the car at the end of the fourth year using the straight line method.

(5 marks)

13
DEPRECIATION MAT112

PART B
(Q2) JULY 2021

C) Four years ago, Muthu bought a machine for his farm. Currently the value of the machine is
RM22,000. The machine has a life expectancy of 8 years and salvage value of RM5,000. Using
straight line method, compute the annual depreciation and the cost of the machine.

(6 marks)

14
DEPRECIATION MAT112

PART A
(Q8) FEBRUARY 2022

Medina Enterprise bought a photocopy machine that costs RM4,500. If the company decided to use the
reducing balance method to depreciate the photocopy machine at a rate of 27.52%, find the book value for
the second year and the depreciation amount for the third year.
(5 marks)

15
DEPRECIATION MAT112

PART B
(Q2) FEBRUARY 2022

C) A lawn mower machine has a scrap value of RM6,900 at the end of 10 years. The book value at the end
of the third year is RM13,690. Find the cost of the lawn mower using the straight line method.

(6 marks)

16
DEPRECIATION MAT112

(Q5) JULY 2022

C) An asset has a scrap value of RM9,500 at the end of 7 years and the book value of RM12,000 at the
end of 5 years. Using the straight-line method, find the cost of the machine.

(5 marks)

17
DEPRECIATION MAT112

(Q5) JULY 2022

D) Secret Bakery bought a mixer at the cost of RM12,500. It is expected to last for eight years and has a
salvage value of RM4,500. Calculate the book value of the mixer after four years by using declining
balance method.
(5 marks)

18
DEPRECIATION MAT112

(Q5) FEBRUARY 2023

C) A motorcycle costing RM8,500 has a useful life of 7 years. If the book value of the motorcycle at the
end of 3 years is RM5,371.42, find its scrap value at the end of 7 years using the Straight Line Method.

(5 marks)

19
DEPRECIATION MAT112

(Q5) FEBRUARY 2023

D) Lotti Bakery bought a mixer at the cost of RM12,500. It is expected to last for eight years and has a
salvage value of RM4,700. Calculate the annual rate of depreciation and the book value of the mixer at
the end of four years by using the declining balance method.
(5 marks)

20
DEPRECIATION MAT112

21