Question
The average of 20 numbers is 75. The average of the
first 12 numbers is 80, while the average of the last 11 numbers is 68. If the 12th number is removed, what will be the average of the remaining 19 numbers?Solution
ATQ, Sum of 20 numbers = 75 × 20 ⇒ 1500 Sum of first 12 numbers = 80 × 12 ⇒ 960 Sum of last 11 numbers = 11 × 68 ⇒ 748 Let the 12th number be x Sum of 20 numbers = Sum of first 12 numbers + Sum of last 11 numbers - 12th number ⇒ 1500 = 960 + 748 - x ⇒ 1500 = 1708 - x ⇒ x = 1708 - 1500 ⇒ x = 208 Sum of remaining numbers = 1500 - 208 ⇒ 1292 Remaining numbers = 19 Average of remaining numbers = 1292 / 19 ⇒ 68
Which of the following is not a financial regulator in India?
What is the minimum number of members required to form a Private Limited Company in India?
Which section of the Companies Act, 2013 defines the condition for redemption of preference shares?
With respect to time value of money, which of the following statement is incorrect?
RXIL (Receivables Exchange of India Ltd.) is a joint venture of which two institutions?
If the exchange rate between the Indian Rupee and the Japanese Yen is ₹1 = 1.44 ¥, then 1,000 ¥ equals ₹____.
If ₹10,000 is invested at 10% p.a. compounded annually, what will be the amount after 2 years?
A company has ₹10 lakh in equity and ₹10 lakh in 10% debt. EBIT is ₹4 lakh and tax rate is 30%. What is the financial leverage?
A company’s ROE is 18%. Net profit margin is 12%, asset turnover is 1.5 times. Calculate the equity multiplier.
Which of the following is a liquidity ratio?