I borrow 100 euros from you and promise to pay you back next year the principal and 10%. That means I owe you 110 euros next year. I now unilaterally declare that I will only honour 25 euros of debt to you. Next period I pay you 27.5 euros [25 + 1/4(10)]. That is the same amount as though announcing to you next period that I would tax your 110 euros 75% (i.e., you keep only .25*110=27.5)
8 years ago, the average age of a family of six persons was 50 years. In between these 8 years the family adopted a girl. Now at present the average age...
Present average age of 4 friends: ‘A’, ‘B’, ‘C’ and ‘D’ is 33 years. If their ages are in the arithmetic progression in the same order a...
Present ages of 'P' and 'Q' are in ratio 5:6, respectively. If ten years hence from now, age of 'P' will be 25% less than that of 'Q', then find the rat...
A is younger than B by 4 years. If the ratio of A and B ages is 5:7 respectively, then find the age of A.
Present ages of 'A' and 'B' are in the ratio 3:5, respectively. If B's age, 8 years hence from now will be 3 times of A's age, 2 years ago from now, the...
Present age of ‘A’ is 40% more than that of ‘B’. If 11 years hence from now, ‘B’ will be 5 years younger than ‘A’, then find the sum of ...
There are 4 children in a family. The average age of the children is 9 years. If the present age of their mother and father is added, the average age of...
B is 5 years older than A and A is 7 years older than C. If the sum of the age of A and C is 21 years, then find the sum of the ages of all three.
The present age of A is 7/5 times to that of his marriage age. Present age of his brother is 1/2nd of his present age. If A was married 20 years ago the...
The ratio of age of A and his son is 5:2. If the difference of their ages 5 years ago is 21, then find the sum of the ages of A and his son together 11 ...
