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Money received tomorrow is less valuable than money received today. This concept is based on the principle of time value of money, which states that a sum of money received today is more valuable than the same sum of money received in the future. This is because money has the potential to earn interest or returns when invested, and receiving it earlier allows for more investment opportunities. Due to inflation and the opportunity cost of not having the money available for investment or consumption, money received in the future is worth less than money received today. Therefore, it is generally preferred to receive money sooner rather than later.
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‘A’ alone can complete a work in 40 days while ‘A’ and ‘B’ together can complete the same work in 20 days. How much ...
P alone can finish a piece of work ‘M’ in 6 days while Q takes 3 days to finish it alone. P, Q and R working together can finish the work ‘N’ wh...
If 16 men working 16 hours a day can make 16 quilts in 16 days, then in how many days 32 men working 32 hours per day will make 32 quilts?
A can complete a work in 20 days. B takes 10 days less than A to complete the same work. In how many days can both of them together complete 90% of the ...
‘A’ and ‘B’ can complete a certain work in 20 days and 10 days, respectively. They started working together and worked till completion of the wo...
A’ and ‘B’ together can complete a work in 18 days while ‘A’ takes 36 days to complete the same work alone. If ‘C’ is 50% more efficient t...
Puneet and Qureshi together can complete (7/8)th of a piece of work in 9 days, Qureshi and Rohit together can complete (3/5)th of the work in 8 days and...