Question
A Motorbike can be purchased on cash payment of Rs.
30000. But the same Motorbike can also be purchased on the cash down payment of Rs 7000 and the rest can be paid in three equal annual installments of Rs. 8000 for next three years. Find the rate of simple interest?ÂSolution
Cash Price=30000 Less Cash Down Payment =      (7000) Balance=       23000 First Installment=       (8000) Balance=       15000 Second Installment= (8000) Balance=        7000 Third Installment=       (8000) Balance=       (1000) Now Interest on First year = (23000 × r ×1 )/100 Interest on Second year = (15000 × r ×1)/100 Interest of Third year = (7000 × r ×1 )/100 Now, according to the question (23000 × r ×1 )/100+ (15000 × r ×1)/100+ (7000 × r ×1 )/100=1000 (1000r (23+15+7))/100=1000 45r/100=1 r= 100/45=2(2/9)%Â
Statements: P ≤ Q < R; P ≥ S < T; S > U ≥ V
Conclusions:
I. S ≤ Q
II. T ≥ V
III. S > R
Statements: F ≥ G > H; I < J ≤ H; J > K
Conclusions:
I. F > J
II. K < G
III. H > K
Statements: A > C > W > S ≤ M ≥ N = T
Conclusion:
I. M > C
II. S > A
Statement: M < N; O ≥ P; O ≥ L; P > N ≥ Q
Conclusion:
I. N > L
II. L > Q
In this question, two statements are followed by two conclusions, numbered I and II. Find out which conclusion(s) is/are definitely true, based on the ...
Statements: C = A ≤ H < K ≥ L = Q; S = T ≥ K
Conclusion: I. C < T II. A = S
...Statements: F > V > W ≥ L > G; F ≤ O = M < I
Conclusions: I. M > LÂ Â Â II. V < I
Statement: A≤T<B =C ≤P<D;D>J ≥S
I. C >S
II. J < D
Which of the following set of symbols should be placed in the blanks respectively (from left to right) in the given expression in order to make the expr...
Statement: A < Z > I < B > S = O ≤ N
Conclusions:
I. S= N
II. B > O
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