Question
A person borrowed Rs. 50,000 at a rate of 12% per annum
for one year. He then lent it out as two separate loans to D and E. He lent Rs. 20,000 to D at 20% per annum for a year and the remainder to E at 18% per annum for the same period. Calculate the total profit or loss from the transaction after a year.Solution
ATQ, For the borrowed amount 
For the amount lent to D: 
For the amount lent to E:- 
Total return from D and E: 24000 + 35400 = 59400 Net profit: Profit = 59400 − 56000 = 3400 Therefore, the person makes a profit of Rs.3400
Two dice are thrown simultaneously. Find the probability that sum of the numbers appeared on both the dice is at least 7.
In a box there are 8 red, 7 blue, and 6 green balls. One ball is picked up randomly. What is the probability that it is neither red nor green?
A bag contains 7 blue balls, 28 red balls, and 10 green balls. One ball is drawn at random. Find the probability that the ball drawn is either blue or g...
A bag contains only red and blue balls. The probability of drawing a red ball from the bag is 3/5. If 4 more blue balls are added to the bag, the probab...
Bag A contains x red balls and 6 blue balls. Bag B contains 5 red balls and 4 blue balls. One ball is drawn at random from Bag A and placed into Bag B. ...
In a lottery, there are 6 prizes and 30 blanks. A lottery is drawn at random. What is the probability of getting a prize?
...A bag contains 20 black and 22 white balls. One ball is drawn at random. What is the probability that the ball drawn is white?
...A bag contains 9 blue balls, 16 red balls, and 20 green balls. One ball is drawn at random. Find the probability that the ball drawn is either blue or g...
A bag contains 6 purple balls, 9 yellow balls and 5 green balls. Three balls are drawn at random. Find the probability that at least two balls are yellow.
A box contains only three colors of balls- red, green and blue. What is the minimum number of balls that should be picked from the box to ensure that at...
Relevant for Exams:
