Question
A and B started a business with initial investments of
Rs. 28000 and Rs. 35000 respectively. After one year, a profit of Rs. 10000 is earned. A being a working partner gets 10% 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 12% compound interest compounded annually. Find the interest earned by A after 2 years.Solution
The ratio of their investments = 28000:35000 = 4:5 Profit share of A for being a working partner = 0.10 × 10000 = Rs. 1000 Profit share of A for his investment = 26/27 × 0.84 × 10000 = Rs. 4000 Total profit of A = Rs. 4000 Compound interest earned by A = 5000{(1 + 0.12)2 – 1} = Rs. 1272
Statement : The city is facing an alarming increase in air pollution levels.
Courses of Action :
I. Industries violating pollution ...
In the question below, few statements are given depicting an issue or a problem. You have to assume everything in the statements to be true even if th...
Statement : Cases of waterborne diseases have risen significantly in a city due to contaminated drinking water.
Courses of Action :
In the question below, few statements are given depicting an issue or a problem. You have to assume everything in the statements to be true even if the...
Statement: As per data provided by the education department, as many as 8,604 posts of Hindi teachers in primary schools and 1,500 in high schools are ...
In each question below is given a statement followed by two courses of action numbered I and II. You have to assume everything in the statement to be t...
Statement : The cricket fans turn anxious regarding tomorrow’s match after the MET department’s weather forecast that it may rain tomorrow....
Statement : Nearly 50 people were killed and many left injured in a stampede, which occurred at the time of heavy festival rush at the city’s Rai...
Statement : The increasing number of road accidents due to drunk driving is a major concern.
Courses of Action :
I. Strict laws sho...
Statement: Malnutrition isn’t just about acute starvation and often, healthy-looking people are malnourished too, because their diet does not inc...
