Question
In the question, two Quantities I and II are given. You
have to solve both the Quantity to establish the correct relation between Quantity-I and Quantity-II and choose the correct option. Quantity-I: The price at which 30 eggs are bought equals the price at which 18 eggs are sold. Given that a profit of Rs. 90 is made on each egg, what is the selling price for 20 eggs? Quantity-II: An individual named 'X' places an investment of Rs.2,40,000 in two separate Systematic Investment Plans (SIPs). The first SIP yields a compound interest of 20% per annum (calculated yearly), while the second provides a simple interest rate of 21% per annum. Calculate the difference in interest generated by the two SIPs after a period of 2 years.Solution
ATQ, Quantity I: Let the cost price of each egg be Rs. 'p' So, cost price of 30 eggs = 30 × p = Rs. '30p' Selling price of each egg = 30p ÷ 18 = Rs. '(5p/3) ' So, profit earned = (5p/3) - p = (2p/3) So, (2p/3) = 90 Or, p = 135 So, selling price of 20 eggs = (5p/3) × 20 = (5 × 135 ÷ 3) × 20 = Rs.4,500 So, Quantity I = Rs. 4,500 Quantity II: Compound interest = Sum × {1 + (rate of interest/100) } time period - Sum So, compound Interest earned = 240000 × (1.2)2 - 24000 = Rs. 1,05,600 Simple interest = Sum × rate of interest × time period in years ÷ 100 So, simple interest earned = (240000 × 21 × 2) ÷ 100 = Rs. 1,00,800 So, required difference = 105600 - 100800 = Rs. 4,800 So, Quantity II = Rs. 4,800 So, Quantity I < Quantity II
13.232 + 19.98% of 549.99 = ? × 8.99
? + 151.99 – 100.01 = 23.01 × 4.98
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
? = 41.92% of 49.96% of (45.07 1.97 – 4.98 2.03 )
(749.98% of 639.897) ÷ 23.97 = ?2 - 279.98% of 19.99
811.85 ÷ 28.05 + 462.16 – 23.06 × 17.95 = ?
(21.02 × 5.83 × 12.03 ÷ 6.99 of 4.03) + 31.93% of 50.03 = ?
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
56.02% of 1499.98 + 64.04% of 2501.01 = ? + 25.05 × 49.98 + 6.063
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)