1. A labourer was appointed by a contractor on the condition he would be paid Rs 150 for each day of his work but would be, fined a the rate of Rs 30 per day for his absent. After 20 days, the contractor paid the laborer’s 2820. Find the number of days he worked:
A. 13 days
B. 19 days
C. 5 days
D. 12 days
E. None of these
2. Ramesh can finish a job in 20 days. He worked for 10 days alone and completed the remaining job working with Dinesh, in 2 days. How many days would both Dinesh and Ramesh together take to complete the entire job?
A. 4
B. 5
C. 10
D. 12
E. None of these
3. Ram decided to plough a farmland in 50 days. He employed 50 men in the beginning and 50 more after 35 days and completed the construction in stipulated time. If he had not employed the additional men, how many days behind schedule would it have been finished?
A. 5 days
B. 6 days
C. 8 days
D. 10 days
E. None of these
4. Manoj borrowed a certain sum from Anuj at a certain rate of simple interest for 2 years. He lent this sum to Rakesh at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 4200 as compound interest but paid Rs. 4000 only as simple interest. Find the rate of interest?
A. 10%
B. 20%
C. 25%
D. 30%
E. None of these
5. If a sum on compound interest becomes three times in 4 years, then with the same interest rate, the sum will become 27 times in:
A. 8 years
B. 12 years
C. 24 years
D. 36 years
E. None of these
Answers and Explanations
1. Answer - Option B
Explanation -
Let the required number of days = x days
So, 150x - (20 - x)30 = 2820
x = 19 days
2. Answer - Option A
Explanation -
Ramesh alone finished [latex]\frac {1}{2}[/latex] of the work in 10 days.
Remaining [latex]\frac {1}{2}[/latex] was finished by Ramesh and Dinesh together in 2 days.
Therefore, they both together can finish the complete job in 4 days.
3. Answer - Option A
Explanation -
Given that, 50 men employed for 35 days and 50 more men employed for 15 days so that the work could be finished in 50 days.
Thus, the total work [latex]= 50 \times 35 + (50 + 50)15 = 3250[/latex]
Suppose, it takes x days to the finish the whole work, if additional men were not employed.
So, we have an equation here.
50 [latex]\times[/latex] x = 3250
x = 65 days
Therefore, it takes 15 days more than stipulated time.
4. Answer - Option A
Explanation -
Suppose the sum borrowed = Rs X
Rate of interest = R% Time = 2 years
[latex] 4000 = \frac {X x R x 2 }{100}[/latex] [simple interest formula] RX = 200,000………….(1)
compound interest= [latex]P{(1 + \frac {r}{n})}^{nt}[/latex]
[latex]X {1+ \frac {R}{100}}^{2}= X + 4200 [/latex]
after solving and using value of RX
we get R = 10%
5. Answer - Option B