Bank Exams Questions

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Milk = 3/5 x 20 = 12 liters, water = 8 liters

If 10 liters of mixture are removed, amount of milk removed = 6 liters and amount of water removed = 4 liters.

Remaining milk = 12 - 6 = 6 liters

Remaining water = 8 - 4 = 4 liters

10 liters of pure milk are added, therefore total milk = (6 + 10) = 16 liters.

The ratio of milk and water in the new mixture = 16:4 = 4:1

If the process is repeated one more time and 10 liters of the mixture are removed,
then amount of milk removed = 4/5 x 10 = 8 liters.

Amount of water removed = 2 liters.

Remaining milk = (16 - 8) = 8 liters.

Remaining water = (4 -2) = 2 liters.

Now 10 lts milk is added => total milk = 18 lts

The required ratio of milk and water in the final mixture obtained

= (8 + 10):2 = 18:2 = 9:1.

Interest for 1 year is the same whether it's simple interest or the compound interest.

Now interest of third year = 8575 - 7350 = 1225; means principal for this interest is 7350 if comound interest is takenIf 7350 is the principal interest = 1225

if 100 is the principal interest =(1225/7350) * 100 = 50/3 %

When a thing increases for two successive times the overall increase on initial amount = a + b + (a * b)/100

Therefore overall interest for two years = 50/3 + 50/3 + [(50/3)*(50/3)]/100 = 325/9 %

Therefore amount after 2 years = 100 + 325/9 = 1225/9

If 1225/9 is the amount principal =100

if 7350 is the amount principal =(900/1225)*7350 =5400

So sum = 5400; Rate = 50/3 %