Practice NET Quantitative Mathematics questions with answers and explanations.
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Each year, 90% of the previous value remains.
Thus, 50,000 × 0.9² = Rs. 40,500.
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Compound growth gives 20,000 × 1.05².
The result is 22,050.
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A's capital-time is 2 × 6 + 4 × 6 = 36 units.
B's is 3 × 12 = 36 units, so profits are equal.
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A 20% profit gives a selling price of Rs. 960.
Since this is 80% of marked price, marked price = 960/0.8 = Rs. 1,200.
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He charges for 1,000 grams but supplies only 900 grams.
Gain percentage is 100/900 × 100 = 11 1/9%.
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The selling price is 80% of the marked price.
Thus, marked price = 960 ÷ 0.80 = Rs. 1,200.
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Sales tax is 12% of Rs. 5,000, or Rs. 600.
The total payable amount is Rs. 5,600.
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Commission is 6% of total sales.
Thus, 0.06 × 250,000 = Rs. 15,000.
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The taxed price is 115% of the original price.
So the original is 2,300 ÷ 1.15 = Rs. 2,000.
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Using SI = PRT/100, 900 = P × 6 × 3/100.
Solving gives P = Rs. 5,000.
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Rate = SI × 100 ÷ (P × T).
Thus, 800 × 100 ÷ (4,000 × 5) = 4%.
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Compound amount is P(1 + r)².
Thus, 10,000 × 1.1² = Rs. 12,100.
