Question
In a municipal election between two candidates, 12% of the
total votes were declared invalid. Candidate 'X' secured 60% of the valid votes. If candidate 'Y' received 15,456 valid votes, then find the total number of votes polled.Solution
ATQ,
Let the total number of votes be '100n'
Number of valid votes = 0.88 Ă— 100n = '88n'
Number of valid votes received by 'Y' = 0.40 Ă— 88n = '35.2n'
So, 35.2n = 15,456
Or, 'n' = 439
Therefore, total number of votes = 439 Ă— 100 = 43,900
What is the primary goal of creating a robust reporting culture in reporting procedures?
What is the main criterion for classifying a loan as a Non-Performing Asset (NPA)?
What is the advantage of using Google Data Studio as a reporting tool?
The term “financial creditor” in the Insolvency and Bankruptcy Code (IBC) in India means?
A bank borrows Rs.50 crore from call money market on a daily basis and uses that to give a loan of Rs.30 crore to a AAA rated client (i.e. zero default ...
Which motivational theory suggests that individuals are motivated by a sense of fairness and equality, and they compare their input-to-output ratio with...
A setup in which group of individuals or entities decides to pool resources towards fulfilling a debt or financing a single borrower wherein the setup i...
In the Indian inter-bank market, funds placed for periods in excess of 14 days but not exceeding 1 year are known as:
Which of the following best describes the concept of 'Delegation of Authority' in management?
Which of the following statements about stock markets is/are correct?
1)Â Â Â Stock markets provide a platform for companies to raise funds t...
Relevant for Exams:
