Question
Quantity I: The price of rice is decreased by 30%, by
how much % the consumption is increase so that the expenditure will decreased by 10%? Quantity II: A man spends Rs. 45,600 out of his income 68,400. If his income and expenditure are increased by 19% and 13%. Find the percentage change in his savings. Each question given below contains a statement followed by quantity I and quantity II. Find both to find the relationship among them. Mark your answer accordingSolution
Quantity I: Total Expense = Price per unit
Consumption So let Price per unit & consumption both are 100 So toal expense = 100
100 = Rs. 10000 New total expense = 10000
0.90 = Rs. 9000 & New price per unit = Rs. 100
0.7 = 70 So New Total Expense = New Price per unit
New Consumption 9000 = 70
new consumption So new consumption = 9000/70 = 900/7 Hence ratio of old & new consumption = 100 : 900/7 = 700 : 900 = 7 : 9 Hence increase in comsumption = (9-7) /7
100 = 28.56% Quantity II: Expense / Income = 45600/68400 = 2/3 Hence Let orginal income = 300 & original expense = 200 So saving = 300 - 200 = 100 Now new income = 300
119% = 357 , New expense = 200
113% = 226, So new saving = 357 -226 = 131 Hence change in saving % = (131-100)/100
100 = 31% So Quantity I < Quantity II
Which of the following Sections of the Companies Act fixes the maximum number of partners in a partnership firm?
As per the Legal Services Authority Act the term case means______________
What is the maximum number of directors a company can appoint without passing a special resolution?
Who can allow apprentices and other trainees, not below sixteen years of age, to work in a mine under proper supervision, as per Code 70 (2) of
Under the Arbitration and Conciliation Act, 1996, who has the authority to appoint an arbitrator when the parties fail to do so?
A limited liability partnership shall, where a person becomes or ceases to be a partner and where there is any change in the name and address of the par...
Government Company is defined under:
Which section of the Companies Act delas with the provisions relating to the prohibition on issue of shares at discount?
A Red Herring Prospectus is issued:
What is the minimum paid-up capital required for a private company under the Companies Act, 2013?