IBM
Company
Numerical Ability
Profit and Loss
A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, the company would have saved Rs.2000/-. What was the purchase price of the machine?
Read Solution (Total 3)
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- per year=700*12=8400
then for 5 years=8400*5=42000
for maintanace rs 100 for 5 year=6000
=42000-6000-2000
=34000 - 10 years agoHelpfull: Yes(27) No(0)
- saving=purchased-rented
2000=(x*(100*5*12)) -(700*5*12)
=> x=Rs. 38000 - 9 years agoHelpfull: Yes(2) No(6)
- x is total income
so, (x-20000)/2=6000
by solving we get x=32000
- 9 years agoHelpfull: Yes(1) No(8)
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