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Numerical Ability
Simple & Compound Interest
The price of groundnuts increased by x%per week over 2 successive weeks. If at the beginning, 2 Kgs were available for Rs 80 and after 2 weeks they were available for Rs 105.80,what is the value of x?
Read Solution (Total 5)
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- use , A = P * (1 + R% )^N
105.8 = 80 * (1 + x%) ^2
=> 1.3225 = (1 + x%) ^2
=> (1.15)^2 = (1 + x% )^2
=> 1.15 = 1 + x%
=> x = 15 - 10 years agoHelpfull: Yes(33) No(1)
- 1st week
1 kg = 40
40 x% = 40+ (40*x)/100 = 40 {1+(x/100)}
2nd week
again 40%
=> 40 { 1+ (x/100)}^2 = 105.8/2 = 52.9
=> 1+(x/100) = 1.15
=> x = 15 - 10 years agoHelpfull: Yes(5) No(1)
- 12.90%
105.80-80/2=12.90 - 10 years agoHelpfull: Yes(0) No(5)
- 32.25%
105.80-80=25.80
25.80/80*100=32.25% - 10 years agoHelpfull: Yes(0) No(6)
- 15 is answer
- 10 years agoHelpfull: Yes(0) No(3)
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