Question
A man invests ₹50,000 in a business. After 2 years, he
sells 30% of his stake for a 40% profit and reinvests the amount. After another year, he sells 25% of his remaining stake at a 50% profit and reinvests half of the profit. At the end of 4 years, he sells the rest of his stake, which has appreciated by 35%. What is the total value of his investment at the end of 4 years?Solution
Initial investment = ₹50,000. First sale after 2 years: 30% of ₹50,000 = ₹15,000. Profit = ₹15,000 × 40% = ₹6,000. Reinvested amount = ₹15,000 + ₹6,000 = ₹21,000. Remaining stake after 1st sale = ₹50,000 - ₹15,000 = ₹35,000. Second sale after 3 years: 25% of ₹35,000 = ₹8,750. Profit = ₹8,750 × 50% = ₹4,375. Reinvested amount = ₹8,750 + ₹2,187.5 (half the profit) = ₹10,937.5. Remaining stake after 2nd sale = ₹35,000 - ₹8,750 = ₹26,250. Appreciation after 4 years = ₹26,250 × 35% = ₹9,187.5. Final value of remaining stake = ₹26,250 + ₹9,187.5 = ₹35,437.5. Total value = ₹21,000 + ₹10,937.5 + ₹35,437.5 = ₹67,375. Plus profit reinvested earlier = ₹6,000 + ₹4,375 = ₹10,375. Final value = ₹67,375 + ₹10,375 = ₹77,750. Closest option: a) ₹77,750.
Statements:
P < Q < R < S ≤ B < H; S > N ≥ Y
Conclusions:
I) P < Y
II) R ≥ N
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is/are definitely true and the...
Statements: P ≥ Q ≥ R = S, Q ≥ T > U ≥ V
Conclusion:
I. P ≥ V
II. P > V
Statements: J < K; L = M; K >N ≥ L
Conclusions:
I. J < L
II. N = M
Statements: M = N ≤ P = C > G, D ≥ M > T = F
Conclusion:
I. D ≥ N
II. N > F
III. F < P
Statements: A ≥ B ≥ Y = Z = M ≥ N ≤ E ≤ F = J
Conclusions:
I. F > Z
II. J ≤ Y
Which of the following expression symbols should replace the question mark(?) in the given expressions to make the expression C ≥ E as well as D > M d...
Statement: M < N; L ≥ U; L ≥ Q; U > N ≥ T
Conclusion:
I. N > Q
II. Q > T
Statements: X < H = U ≤ I < N = M, M > B ≥ V
Conclusions:
I. I > V
II. U ≥ MStatement: D > C > U < K > E > N < A
Conclusion:
I. D > N
II. D > A