Question 1

Madhava invested Rs. 1500 in Company 'B' in 2005 for two years with a condition to get the compound interest at the same rate as 2005. What was the amount of interest earned?

Accepted Answer

Compound interest = P(1 + r)t - P or Compound interest = P[(1 + r)t - 1] where P = the principal investment amount (the initial deposit or loan amount) r = the annual interest rate t = the number of years the money is invested or borrowed for. Required amount of interest earned by Madhava in 2007 = 15000[(1+ 15/100)2 - 1] = 15000[(115/100)2 - 1] = 15000[(23/20)2 - 1] = 15000[(23 x 23 /20 x 20) - 1] = 15000[ (529/400) - 1] = 15000[(529 - 400)/400] = 15000 x 129/400 = 19350/4 = Rs. 4837.50

Question 2

For which months did the sale of commodities A and D show increase?

Accepted Answer

From above given graph we can see that there are two months for which graph is going Up. By seeing the graph we can see that graph is going up for the month of May and June. So required answer will be May and June only.

Question 3

If the sale of C was 100 in May, what was its sale in July?

Accepted Answer

Question 4

In which month is the average percentage increase for the four commodities the lowest? (Those months where decrease rook place to be ignored)

Accepted Answer

Average percentage increase of the commodities Hence , Required answer will be January.

Question 5

In which month(s) did all the commodities show decline or no increase from the previous months?

Accepted Answer

From above graph , Since , In July and August months did all the commodities show decline or no increase from the previous months. Required answer will be July and August only .

Question 6

For which commodity is the percent increase in sale the highest in May from January?

Accepted Answer

From above given graph , For D commodity is the percent increase in sale the highest in May from January. Option E is correct answer.

Question 7

Investment of company 'B' in 1993 was $ 1540000. What was its income in that year?

Accepted Answer

Question 8

Income of company 'A' in 1995 was $ 21.7 Million. What was the investment?

Accepted Answer

Question 9

Investment of company 'B' in 1997 is more by 40% than that in the previous year. Income in 1997 was what % of the investment in 1996?

Accepted Answer

Question 10

Income of company 'A' in 1995 is equal to the investment of the company 'B' in 1996. What is the ratio of the investment of company 'A' in 1995 to the investment of company 'B' in 1996?

Accepted Answer

Question 11

Average investment of company 'A' over the years was $ 26 Million. What was its average income over the years?

Accepted Answer

Data inadequate So ,Required answer cannot be determined.

Question 12

In 1997–98, the expenditure of Company X was $ 40 billion. What was its income in that year?

Accepted Answer

Question 13

In 2002–03 the income of Company Y was $ 128 billion. What was its expenditure in that year?

Accepted Answer

Question 14

What was the difference in the expenditures of the two companies in 1999–2000?

Accepted Answer

The given graph depicts only the percent profit earned by the two companies over the given years. So we need Income information also to calculate the expenditure of the companies for this years. Hence the given information is insufficient to answer the question. Hence, answer cannot be determined .

Question 15

For Company Y, in which year is the percent of increase in percent profit over that of previous year the highest?

Accepted Answer

Question 16

If the income of Company X in 1998–99 was equal to the expenditure of Company Y in 2001–2002, what was the ratio of their respective profits?

Accepted Answer

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