he Search

Q:

A bill falls due in 1 year.The creditor agrees to accept immediate payment of the half and to defer the payment of the other half for 2 years.By this arrangement ins Rs.40.what is the amount of the bill,if he money be worth 12.5%?

A) 1200	B) 3000
C) 3600	D) 1300

Answer & Explanation Answer: C) 3600

Explanation:

Let the sum be Rs. x. Then,

$[\frac{x}{2} + \frac{\frac{x}{2} \times 100}{100 + (\frac{25}{2} \times 2)}] - \frac{x \times 100}{100 + (\frac{25}{2} \times 1)} = 40$

(x/2)+(2x/5)-(8x/9) = 40

x=3600.

Therfore, amount of bill=Rs. 3600.

Report Error

View Answer Report Error Discuss

Filed Under: True Discount

Q:

The true discount on a bill due 9 months hence at 12% per annum is Rs. Find the amount of the bill and its present worth.

A) 1500	B) 1600
C) 6200	D) 6000

Answer & Explanation Answer: D) 6000

Explanation:

Let amount be Rs. x.

Then, [X * R * T] / [100+(R * T)]

$\Rightarrow \frac{x \times 12 \times \frac{3}{4}}{100 + (12 \times \frac{3}{4})} = 540$

x= Rs.6540

Amount = Rs. 6540.

P.W. = Rs. (6540 – 540) =Rs. 6000.

Report Error

View Answer Report Error Discuss

Filed Under: True Discount

Q:

In a class, 30% of the students offered English, 20% offered Hindi and 10% offered both. If a student is selected at random, what is the probability that he. has offered English or Hindi ?

A) 1/2	B) 3/4
C) 4/5	D) 2/5

Answer & Explanation Answer: D) 2/5

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Probability

Q:

Two dice are tossed. The probability that the total score is a prime number is :

A) 1/6	B) 1/2
C) 5/12	D) 3/4

Answer & Explanation Answer: C) 5/12

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Probability

Q:

A man and his wife appear in an interview for two vacancies in the same post. The probability of husband's selection is (1/7) and the probability of wife's selection is (1/5). What is the probability that only one of them is selected ?

A) 2/7	B) 1/7
C) 3/4	D) 4/5

Answer & Explanation Answer: A) 2/7

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: Probability

Q:

A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the rate of interest be 10% per annum, then the man has a gain of:

A) 0%	B) 5%
C) 7.5%	D) 10%

Answer & Explanation Answer: A) 0%

Explanation:

C.P = Rs.3000

S.P =Rs. [3600 x 10] / [100+(10 x 2)] = Rs.3000

Gain =0%

Report Error

View Answer Report Error Discuss

Filed Under: True Discount

Q:

A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man:

A) gains Rs. 55	B) gains Rs. 50
C) loses Rs. 30	D) gains Rs. 30

Answer & Explanation Answer: B) gains Rs. 50

Explanation:

Report Error

View Answer Report Error Discuss

Filed Under: True Discount

Q:

A number is selected at random from the numbers 1 to 30. What is the probability that it is divisible by either 3 or 7 ?

A) 1/30	B) 2/30
C) 1/25	D) 1/2

Answer & Explanation Answer: A) 1/30

Explanation:

Let A be event of selecting a number divisible by 3. B be the event of selecting a number divisible by 7.

A = { 3, 6, 9, 12, 15, 18, 21, 24, 27, 30 }, so n(A)=10
B = { 7, 14, 21, 28 }, n(B)= 4

Since A and B are not mutually exclusive So :

Report Error

View Answer Report Error Discuss

Filed Under: Probability

Searching for "he"

Quick Links