need some book or some study material suggestion to brush up the basics for approaching problems on "percentages and profit,loss and interest" thank you in advance
There are two distinct Natural numbers.Each is increased by 10 and then by the percentage as each was increased for the first time. Each number finally results in72.Find the difference between the numbers.
There are two distinct Natural numbers.Each is increased by 10 and then by the percentage as each was increased for the first time. Each number finally results in72.Find the difference between the numbers.
A shopkeeper always weighs 20%less than the correct weight. One day ,he weighed 20%more than the quantity usually weighed by him. If the profit on correct weight is 20%,what is the effective percentage of profit in this transaction
A shopkeeper always weighs 20%less than the correct weight. One day ,he weighed 20%more than the quantity usually weighed by him. If the profit on correct weight is 20%,what is the effective percentage of profit in this transaction
The length of a rectangle is increased by 20% and its breadth is increased by 10%. Which of the following is a possible value of increase in perimeter?
The length of a rectangle is increased by 20% and its breadth is increased by 10%. Which of the following is a possible value of increase in perimeter?
gains 0.5%(X) and loses 0.25%(X) is as good as loosing 0.25%(X)Hence in two weeks the clock looses 0.25%(7x24x60) = 25.2 minutes = 25 mins 12 secThus, after two weeks the clock shows 12:00 noon - 25 mins 12 sec = 11:34:48
A clock set right at 12 noon on monday loses 1/2% on the correct time in the 1st wk but gains 1/4% on the true time during 2nd wk. the tttime shown on monday after two wks will be
12:25:12
12:50:24
11:34:48
none
gains 0.5%(X) and loses 0.25%(X) is as good as loosing 0.25%(X)
Hence in two weeks the clock looses 0.25%(7x24x60) = 25.2 minutes = 25 mins 12 sec
Thus, after two weeks the clock shows 12:00 noon - 25 mins 12 sec = 11:34:48
@[502438:swahamohapatra] it looses 0.5 % on actual time of a week (say it as x ) and gains 0.25 % on x (2 nd week )=> it totally looses o.25 % on x => total loss 0.25 % x i.e, 0.25*7*24*60/100 => 25.2 mins therefore 11:34:48
@[502438:swahamohapatra] it looses 0.5 % on actual time of a week (say it as x ) and gains 0.25 % on x (2 nd week )=> it totally looses o.25 % on x => total loss 0.25 % x i.e, 0.25*7*24*60/100 => 25.2 mins
@[328071:vivek.jajodia] hey hii... here the logic is quite simple , just think a bit .... A PERSON CAN EARN SOME PROFIT WHEN 1) HE MAKE SELLING PRICE TO BE MORE THAN COST PRICE ( or)2) when he gives lesser quantity than the original amount to the customer i.e,generally,...
here the logic is quite simple , just think a bit .... A PERSON CAN EARN SOME PROFIT WHEN 1) HE MAKE SELLING PRICE TO BE MORE THAN COST PRICE ( or)2) when he gives lesser quantity than the original amount to the customer i.e,
generally, profit = sp-cp ,so if in the ques the sp not equals cp then sp will be 5/4 (since cp+profit = 1+1/4 =5/4
now in this case if sp equal to cp ,
so he would have given some lesser amount to make the profit => as he gained 25 % his sp would be 5/4 (or) he delivered only and therefore 4/5th of original value to the customer to gain the same profit and therefore the remaining 1/5 is water i.e, 20 %
suppose the mixture is of 1Lnow for a gain of 25% 1/4 of the milk should be waterlet x be the milk=>x/4 is waterx + x/4=1L=>x=0.8 and water=0.2L; water content in total mixture =20% CP=0.8 and SP=1=>profit=25%
@vivek.jajodia said:
Q) A dishonest milkman professes to sell milk at CP. But mixes some quantity of water to it, thereby gaining 25%. What is the %age of water added??
20%
say 1 litre of milk costs 100/-
after mixing he seels 0.8L of milk and 0.2L of water for 100/-
@kpraveen010 said:
In 2001 ramu salary was 20000, In 2002 it is increased by 10% and again in 2003 it is increased by 20%. What is salary of ramu in 2003 ? I want the solution in formula based.
10+20+(10x20)/100=32% therefore new salarly= 20000 + 0.32*20000=26400
@[587220:gobar_singh] hi,the problem of % u discussed based on the concept PRODUCT CONSTANT do consider some more examples where the product is constant EX: price * consumption = expenditure , speed * time = distance and so on in the problem discussed he want to balance his expenditure ...
@[587220:gobar_singh] hi,the problem of % u discussed based on the concept PRODUCT CONSTANT
do consider some more examples where the product is constant EX: price * consumption = expenditure , speed * time = distance and so on
in the problem discussed he want to balance his expenditure i.e.,he wish to spend the same money as earlier even though the price hiked .so he has to reduce his consumption => increase in price = 1+(2/5) =7/5 so he has to made his consumption 5/7 so that he can cancel the increased 7/5
=> P*C =E
NOW ,7/5P * 5/7 C = E (as v can nullify the change by cancellation )
now change in consumption = 1-5/7 = 2/7 => 28.56 %
need help!!A clock set right at 12 noon on monday loses 1/2% on the correct time in the 1st wk but gains 1/4% on the true time during 2nd wk. the tttime shown on monday after two wks will be12:25:1212:50:2411:34:48none
A clock set right at 12 noon on monday loses 1/2% on the correct time in the 1st wk but gains 1/4% on the true time during 2nd wk. the tttime shown on monday after two wks will be
hi.. sorry for late reply, was a little busy now a days...btw thnk u very very much bro. it realy helped.. and yes u r right the answer given in arun sharma's book is correct but only in the answer key...in the "Detailed soln and short cut" section the answer of qus 6 has been printed as qus 5 w...
as far as i knw arun sharma has correct answer of dis....;)
neway, d shortcut works likes dis.........
if a quantity (price in dis case) increases by 1/n, in order to keep d product (here expense) constant, another quantity (here consumption) should decrease by 1/(n+1)
in this case, the price goes up by 40% i.e. 4/10 or 2/5 or 1/2.5......... so, to compensate for dis increase, consumption shud decrease by 1/(2.5+1) i.e. 1/3.5.........which is slightly greater dan 25%
hence d ans is 28.56%
hi.. sorry for late reply, was a little busy now a days...btw thnk u very very much bro. it realy helped.. and yes u r right the answer given in arun sharma's book is correct but only in the answer key...in the "Detailed soln and short cut" section the answer of qus 6 has been printed as qus 5 which was the root of all the confusion, hope its corrected in newer editions
hey..thanx brother..this question was giving me nightmares for a long long time, so did the wrong answer given in arun sharma's book..(25%) :shock: plz tell me the shortcut!!
here price goes up by 40% i.e. 4/10 or 2/5............which has a direct effect on expense going up by 2/5...
but Mr. A wishes to cut down on his consumption to balance the expense.......
see dis.......40% increase in price means price becoming 1.4 times or 14/10 or 7/5 times..........to compensate for dis, the consumption needs to be brought down by 5/7 times.............which means expense bocomes (7/7 - 5/7) = 2/7 times the original expense....which is 2*14.28 = 28.56 %........
plz note dat der's a shortcut 2 do all dis....let me knw if u r interestd in dat....
hey..thanx brother..this question was giving me nightmares for a long long time, so did the wrong answer given in arun sharma's book..(25%) :shock:
can some one please explain the thought process behind this.. Mr.. A is worried about the balance of his monthly budget. the price of petrol has increased by 40%. by what percent should he reduce the consumption of petrol so that he is able to balance his budget?
can some one please explain the thought process behind this..
Mr.. A is worried about the balance of his monthly budget. the price of petrol has increased by 40%. by what percent should he reduce the consumption of petrol so that he is able to balance his budget?
Number1=a, number2=b N1=a+10 , N2= b+10 percentage increase= /a *100= 1000/a % similarly for Number2 also the percentage increase will be 1000/b % Hence the numbers now become: N1'= (a+10) and N2'= (b+10) On equating any one of these to 72, we get a quadratic equation as: a^2-5...
N1=a+10 , N2= b+10 percentage increase= /a *100= 1000/a % similarly for Number2 also the percentage increase will be 1000/b % Hence the numbers now become: N1'= (a+10) and N2'= (b+10)
On equating any one of these to 72, we get a quadratic equation as: a^2-52a+100=0 a=50 or 2
There are two distinct natural numbers. Each is first increased by 10 and then by the same percentage as each was increased for the first time. Each number finally results in 72. Find the difference between the numbers. Options: a) 46 b) 48 c) 52 d) 44
There are two distinct natural numbers. Each is first increased by 10 and then by the same percentage as each was increased for the first time. Each number finally results in 72. Find the difference between the numbers.
please help me out with this problem: a salesman has to choose between two schemes of remuneration. the first scheme has a fixed salary of rs.3700 and a commission of 2% on the sales above rs.50000. the second scheme has no salary but offers commission only. the commission, starting from 3% of...
please help me out with this problem: a salesman has to choose between two schemes of remuneration. the first scheme has a fixed salary of rs.3700 and a commission of 2% on the sales above rs.50000. the second scheme has no salary but offers commission only. the commission, starting from 3% of sales for the first rs.50000 or part there of, increases at the rate of 1 percentage point for every increase of rs.50000 or part there of sales, upto a maximum of 20% of sales. what is the minimum value of the sales above which he can prefer the second scheme?
10% of 20000 =2000 so salary in 2002 =2000+ 20000=22000 20% of 22000 = 4400 so final salary is 26400 its jus the basic % calculation and adding it up to original value to find the final value..
In 2001 ramu salary was 20000, In 2002 it is increased by 10% and again in 2003 it is increased by 20%. What is salary of ramu in 2003 ? I want the solution in formula based. :banghead::banghead::banghead::banghead:
In 2001 ramu salary was 20000, In 2002 it is increased by 10% and again in 2003 it is increased by 20%. What is salary of ramu in 2003 ? I want the solution in formula based. :banghead::banghead::banghead::banghead:
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