A man borrows Rs. 6000 at 5% interest, on reducing balance, at the start of the year. If he repays Rs. 1200 at the end of each year, find the amount of loan outstanding, in Rs., at the beginning of the third year.
A man borrows Rs. 6000 at 5% interest, on reducing balance, at the start of the year. If he repays Rs. 1200 at the end of each year, find the amount of loan outstanding, in Rs., at the beginning of the third year.
x=loan taken; k=payment at each year end. reamining money=[[x(1.05)-k](1.05)]-k
[(1.05x-k)(1.05)]-k = (1.05)^2*x-2.05k; x=6000, k =1200. 4155
A man borrows Rs. 6000 at 5% interest, on reducing balance, at the start of the year. If he repays Rs. 1200 at the end of each year, find the amount of loan outstanding, in Rs., at the beginning of the third year.
Cost price of 12 oranges is equal to the selling price of 9 oranges and the discount on 10 oranges is equal to profit on 5 oranges. What is the percentage point difference between the profit percentage and the discount percentage?Answer is 22.2%
A student attempts a question paper with 5 true-false questions. He attempts the paper randomly, in no particular order. What is the probability that he gets 4 questions correct out of 5 ?
A student attempts a question paper with 5 true-false questions. He attempts the paper randomly, in no particular order. What is the probability that he gets 4 questions correct out of 5 ?
A student attempts a question paper with 5 true-false questions. He attempts the paper randomly, in no particular order. What is the probability that he gets 4 questions correct out of 5 ?
A student attempts a question paper with 5 true-false questions. He attempts the paper randomly, in no particular order. What is the probability that he gets 4 questions correct out of 5 ?
A student attempts a question paper with 5 true-false questions. He attempts the paper randomly, in no particular order. What is the probability that he gets 4 questions correct out of 5 ?
XAT 2012 Q: Nikhil's mother asks him to buy 100 pieces of sweets worth Rs. 100/-. The sweet shop has 3 kinds of sweet kajubarfi, jamun and sandesh costing 10, 3 and .5 rupees respectively. If Nikhil decides to buy at least one sweet of each type how many jamuns ahould he buy?