CAT Questions

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The ratio of money she lended is

24000 : 16000 = 3 : 2

Let the rate of interest be R%

8%                   R%
     

           10

3          :           2

R = 13%.

Let the selling price for each of the shopkeeper be Rs 100x

For 1st shopkeeper

SP= Rs 100x

CP=100

Given Dileep and Narender started a business.

Dileep invested 8000 for 12 months

Let Narender invested 'p' for 6 months

At the end of the year, their profit ratio is 1 : 1.

Hence,

8000 x 12 : p x 6

p : 16000

p/16000 = 1/1

=> p = 16,000

Hence, Narender invested amount is Rs. 16,000.

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The First and Last Indian viceroys of India is C. Raj Gopalachari. 

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