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The paragraph explores the sunk-cost fallacy and its usual applicability when the decision-maker has made the original investment. The blank introduces a contrasting idea, suggesting that this assumption is incorrect. Option 1 fits perfectly as it introduces a study that challenges the conventional understanding of the fallacy, creating a logical flow from the paragraph to the new insight. Option 2 discusses long-term applicability, but the paragraph seeks to contrast, not Option 3 proposes a possible explanation but fails to logically follow the blank that demands a contrast. Option 4 overgeneralises the phenomenon without providing the necessary contrasting evidence.
197 ___ 32 ___ 16² ___ 45 ___ 15 = 6,557
160 cycles were sold for Rs.524,000 resulting in a loss of 10%. What was the cost price of a cycle (in Rs.)? (rounded off to the nearest rupee)
In a class of 60 students, 60% are boys. If 25% of the girls come to school by bicycle, find the number of girls who don't come cycling to school?
The greater of the two numbers whose product is 900 and sum exceeds their difference by 30 is
Solve : (3.2 × 104) ÷ (2 × 105)
Due to 25% fall in the rate of eggs, one can buy 2 dozen eggs more than before by investing Rs.162. Then the original rate per dozen of the eggs is
The sum of three consecutive even numbers is 28 more than the average of these three numbers. Then the smallest of these three numbers is
A man invested a sum of money at compound interest. It amounted to Rs. 2420 in 2 years and to Rs. 2662 in 3 years. Find the sum.
`2/5` ___ 15 ___ 115___ 20 ___ 4 = 581