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  • Question
  • Aarti has to pay ? 440 to Babita after 1 yr. Babita asks Aarti to pay ? 220 in cash and defer the payment of ? 220 for 2 yr. Aarti agrees to it. If the rate of interest be 10 % per annum, find Aarti's gain or loss?


  • Options
  • A. Aarti gains ? 3.33
  • B. Aarti gains ? 8
  • C. Aarti losses ? 9
  • D. Aarti losses ? 3.33

  • Correct Answer
  • Aarti losses ? 3.33 

    Explanation

    Money to be paid by Aarti
    = PW of ? 440 due 1 yr hence
    = {440 x 100}/{100 + (10 x 1)} = {440 x 100}/110
    = 4 x 100 = ? 400

    Aarti actually pays ? 220 + PW of ? 220 due yr hence
    i.e. 220 + {(220 x 100) / (100 + 10 x 2)}
    = 220 + (220 x 100)/120
    = [220 + 183.33]
    = ? 403.33
    ? Loss of Aarti = 403.33 - 400
    = ? 3.33


  • More questions

    • 1. 
      In a race of 600 m, A can beat B by 60 m and in a race of 500 m, B can beat C by 50 m. By how many meter will A beat C in a race of 400 m?

    • Options
    • A. 78 m
    • B. 56 m
    • C. 76 m
    • D. 86 m
    • Discuss
    • 2. 
      0.15 / (0.5 / 15) =?

    • Options
    • A. 4.5
    • B. 45
    • C. 0.03
    • D. 0.45
    • Discuss
    • 3. 
      For any integers a and b with HCF (a, b) = 1, what is HCF (a + b, a - b) equal to?

    • Options
    • A. It is always 1
    • B. It is always 2
    • C. Either 1 or 2
    • D. None of the above
    • Discuss
    • 4. 5358 x 51 =?

    • Options
    • A. 273258
    • B. 273268
    • C. 273348
    • D. 273358
    • Discuss
    • 5. Which of the following numbers is divisible by each one of 3, 7, 9 and 11?

    • Options
    • A. 639
    • B. 2079
    • C. 3791
    • D. 37911
    • E. None of these
    • Discuss
    • 6. 
      If the total sales for a business in a certain year were ? 132000. What were the sales in june, if june sales were half the monthly average?

    • Options
    • A. ? 8400
    • B. ? 7200
    • C. ? 5500
    • D. ? 6300
    • Discuss
    • 7. 
      If 0.8 x A = 0.09 x B, then find A : B.

    • Options
    • A. 9 : 80
    • B. 3 : 80
    • C. 80 : 9
    • D. 7 : 80
    • Discuss
    • 8. 
      A 4% stock yield 5%. The market value of the stock is?

    • Options
    • A. Rs. 125
    • B. Rs. 80
    • C. Rs. 99
    • D. Rs. 109
    • Discuss
    • 9. 
      The product of 3.5413 x 2.1 is

    • Options
    • A. 7.44673
    • B. 7.43673
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    • Discuss
    • 10. 
      Maganlal, a worker, makes an article in every 2/3h. If he works for 7 1/ 2h, then how many articles will he make?

    • Options
    • A. 111/4
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    • C. 112/6
    • D. 112/5
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