Question
A and B started a business with initial investments of
Rs. 26000 and Rs. 27000 respectively. After one year, a profit of Rs. 10600 is earned. A being a working partner gets 16% of the profit for managing the business and rest of the profit is shared between them in the ratio of their investments. A invested his whole profit in a scheme offering 10% compound interest compounded annually. Find the interest earned by A after 2 years.Solution
The ratio of their investments = 26000:27000 = 26:27 Profit share of A for being a working partner = 0.16 times; 10600= Rs. 1696 Profit share of A for his investment = 26/27 times; 0.84 times; 10600 = Rs. 4368 Total profit of A = Rs. 4368 Compound interest earned by A = 6064{(1 + 0.10)2ndash; 1} = Rs. 1273.44
There were two candidate in an election. 15% of the total voters did not cast their votes whereas 10% of the casting votes were declared invalid. If the...
Aryan, Bhavya, and Chetan initiated a venture with initial investments of Rs. 50,000, Rs. 60,000, and Rs. 72,000 respectively. After six months, Aryan, ...
A gave 60% of amount to B. B gave 20% of amount received from A to C. If amount received by C from B is Rs.192, then find the amount received by B from A.
In a given years, A sold 2000 caps while B sold 55% more number of caps than A and C sold 20% less number of caps than B. Find the ratio between the num...
A software company had 'p' lines of code in their codebase in 2019. It increased by 30% in 2020 and then by another 20% in 2021. In 2022, the lines of c...
In an exam, Rahul scored 50% marks and failed by 75 marks whereas Priya scored 70% marks in the same exam and scored 55 marks more than the passing mark...
Divya saves 45.5% of her total salary. Express the part of her savings in decimal form.
Monthly income of P is Rs.15000 and his monthly savings is Rs.9600. If his monthly income is decreased by 35% and monthly expenditure is decreased by 25...
What is the percentage change in the result when we add 36 to a certain number x, instead of subtracting 36 from the same number x?
Kumar spent 20% of his monthly salary on rent, 40% of his remaining salary on food and clothes, and saved the rest. If he saved Rs. 9,600 and the amount...
Relevant for Exams:
