1. Abhishek divided his total saving into three parts Rs (P+1000), Rs (P+1200), Rs (P-800) and invested at the rates of 12%,10% and 8% respectively. Simple interest gets from second part is rs 500 more than that of the third part at the end of the second year. Had he invested his total saving on C.I. at the rate of 10% per annum, find the interest earned by the man after two years?
A. 2300
B. 2500
C. 6473
D. 6381
E. 2373
2. Twenty men were employed to do same work in a certain time. But when one third of the scheduled time was over, it was found that only one – quarter of the total work was completed. How many more men should now be employed to complete the work in three – fourths of the originally scheduled time?
A. 20
B. 40
C. 48
D. 28
E. None of these
3. Amit goes to mall to buy a TV and a washing machine. He bargains for a 10% discount on the washing machine and 25% discount on TV. However, the shopkeeper, by mistake, interchanged the discount percentage figures while making the bill and Amit paid accordingly. When compared to what he should pay for his purchases, what percentage did Amit pay extra given that the washing machine costs 60% as much as the TV.
A. 4.65%
B. 6.55%
C. 3.26%
D. 2.2%
E.5.5%
4. P and R entered into partnership business with the capital of Rs.X and Rs. (x+12000), after one year Q joined them with capital of Rs.(x+8000) at the end of second year P and Q with draw their capital and R invest for one more year, if P, Q and R gets profit in the ratio of 8:6:21 respectively. Find sum of capital invested by all three?
A. Rs. 66000
B. Rs. 67000
C. Rs. 68000
D. Rs. 67500
E. Rs. 68500
5. A book-shelf contains 2 English, 3 Hindi and 4 Sanskrit books. If two books are picked at random, then what is the probability that either all are Sanskrit or all are English books?
A. [latex]\frac {12}{36}[/latex]
B. [latex]\frac {7}{36}[/latex]
C. [latex]\frac {15}{36}[/latex]
D. [latex]\frac {11}{36}[/latex]
E. [latex]\frac {18}{36}[/latex]
Answers and Explanations
1. Answer - Option E
Explanation -
First part amount = (P + 1000)
Second part amount = (P + 1200)
Third part amount = (P - 800)
ATQ-
[latex]\frac {(P + 1200) \times 10 \times 2}{100} - \frac {(P - 800) \times 8 \times 2}{100} = 500[/latex]
[latex]\frac {(P + 1200)}{5} - \frac {(4P-3200)}{25} = 500[/latex]
Solving for P from the equation above:
P = 12500 - 9200 = 3300
Total saving of abhishek = (3300 + 1000) + (3300 + 1200)+ (3300 - 800)
= 11300
Total C.I on his saving at 10% = [latex] 10 + 10 + \frac {10 \times 10}100 [/latex]
= 21%
= [latex]\frac {11300 \times 21}{100} = 2373 [/latex]
2. Answer - Option D
Explanation -
20 men were employed to complete the work in say n days. Therefore, the estimated work 20n man days
Work completed in [latex]\frac {n}{3}[/latex] days is 5n man days.
Remaining time according to revised schedule
= [latex]\frac {3N}{4} - \frac {n}{3} = \frac {9n - 4n}{12} = \frac {5n}{12}[/latex]
Remaining work = 15n man days
20 men in [latex]\frac {n}{3}[/latex] days do 5n man days of work
So, number of men needed in [latex]\frac {5n}{12}[/latex] days to do
15n man days of work = (20) ([latex]\frac {n}{3}[/latex] ) ([latex]\frac {12}{5n}[/latex]) ([latex]\frac {15}{5}[/latex]) = 48
Hence, 28 additional men are needed.
3. Answer - Option A
Explanation -
Let the cost price (CP) of TV = 100
CP of washing machine = 60
What Amit has paid,
Cost of washing machine= 60 × [latex]\frac {75}{100}[/latex] = 45
Cost of TV = 100 × [latex]\frac {90}{100}[/latex] = 90
Total= 90 + 45 = 135
What amit is supoosed to pay
Cost of washing machine= 60 × [latex]\frac {90}{100}[/latex] = 54
Cost of TV= 100 × [latex]\frac {75}{100}[/latex] = 75
Total = 54 + 75 = 129
⸫ required % = [latex] [\frac {(135-129)}{129}]\times 100 [/latex] = 4.65 %
4. Answer - Option C
Explanation -
P : Q : R
[latex]X \times 2 : (x + 8000) \times 1 : (x + 12000) \times 3[/latex]
8 : 6 : 21
ATQ-
= [latex]\frac {2x}{x + 8000} = \frac {8}{6}[/latex]
6x - 4x = 32000
X = 16000
Required sum of capital ( P + Q + R)-
= 16000 + (16000 + 8000) + (16000 + 12000)
=68000
5. Answer - Option B
Explanation -
The number of books = 2 + 3 + 4 = 9
n(S) = [latex]^{9}{C}_{2} = \frac {9 \times 8}{2} = 36[/latex]
n(E) = [latex]^{4}{C}_{2} + ^{2}{C}_{2} = 6 + 1 = 7[/latex]
∴ P(E) = [latex] \frac {n(E)}{n(S)} = \frac {7}{36} [/latex]