In a business a man found a loss of 27% in a particular year. Then he decided to invest the remaining amount in a second business for the next year. What profit he should get in the second business in the second year to make a condition of no profit no loss in the end of second year.
Give answer in approx
let the initial investment = 100
so after first year of loss remaining amount = 100-27 = 73
let the profit factor (profit percent/100) = x
so according to the given condition
73(1+x) = 100
or 1+x = 100/73
or x = 100/73 - 1 = 27/73 = 0.3699
means 36.99 = 37 %
cost of 3 toys A, B and C are 50, 90 and 120 rupee respectively.
There are 3 free schemes for shopkeepers by their dealer.
1) buy 5 A and 10 B get 2 C free
2) buy 4 B and 8 C get 4 A free
3) buy 6 C and 12 A get 3 B free
Which scheme is most profitable for a shopkeeper
OPtion
1) first
2) second
3) third
4) first and second are equally likely
5) second and third re equally likely
6) third and first are equally likely
7) all are equally likely
Solution
in first scheme total investment = 5*50+10*90 = 1150
and free toys cost = 120*2 = 240
so profit investment ratio = 240/1150 = 0.2087
similarly in second scheme investment = 1320 and free toys cost = 200
so profit investment ratio = 200/1320 = 0.1515
and in third case investment = 1320 and profit = 270
so profit investment ratio = 270/1320 = 0.2045
so first scheme is best for a shopkeeper
The sum of a number of two digits and the number obtained by exchanging the places of digits is 110. If units place is 4 more than the tens place in the given number, then product of two digits of the number will be