Question
In the question, two Quantities I and II are given. You
have to solve both the Quantity to establish the correct relation between Quantity-I and Quantity-II and choose the correct option. Quantity-I: The price at which 30 eggs are bought equals the price at which 18 eggs are sold. Given that a profit of Rs. 90 is made on each egg, what is the selling price for 20 eggs? Quantity-II: An individual named 'X' places an investment of Rs.2,40,000 in two separate Systematic Investment Plans (SIPs). The first SIP yields a compound interest of 20% per annum (calculated yearly), while the second provides a simple interest rate of 21% per annum. Calculate the difference in interest generated by the two SIPs after a period of 2 years.Solution
ATQ, Quantity I: Let the cost price of each egg be Rs. 'p' So, cost price of 30 eggs = 30 × p = Rs. '30p' Selling price of each egg = 30p ÷ 18 = Rs. '(5p/3) ' So, profit earned = (5p/3) - p = (2p/3) So, (2p/3) = 90 Or, p = 135 So, selling price of 20 eggs = (5p/3) × 20 = (5 × 135 ÷ 3) × 20 = Rs.4,500 So, Quantity I = Rs. 4,500 Quantity II: Compound interest = Sum × {1 + (rate of interest/100) } time period - Sum So, compound Interest earned = 240000 × (1.2)2 - 24000 = Rs. 1,05,600 Simple interest = Sum × rate of interest × time period in years ÷ 100 So, simple interest earned = (240000 × 21 × 2) ÷ 100 = Rs. 1,00,800 So, required difference = 105600 - 100800 = Rs. 4,800 So, Quantity II = Rs. 4,800 So, Quantity I < Quantity II
Read the given statements and conclusions carefully. You have to take the three given statements to be true even if they seem to be at variance from c...
Statements:
Some years are months.
Some months are days.
Some days are weeks.
Conclusions:
I. No year is a da...
Statements:Â
Only a few Laptops are Notebooks.
No Notebook is Computer.
Only a few Notebooks are Bars.
Only a few Bars...
Statements:
Only a few Kite are Stick.
No Stick is Paper.
All Paper are Colour.
Conclusions:
I. All Kite are Colour.<...
In the following questions below are given some statements followed by some conclusions based on those statements. Taking the given statements to be tr...
Statements:
Few Orphan are Deaf.
All Deaf are Blind.
No Blind is Lame.
All Dumb are Lame.
Conclusion:
...Statements:
Only a few Beautiful is Intelligent.
Only a few Smart is Beautiful.
No Smart is Honest.
Conclusion:
I. No...
Statement:
Only GMs are PMs
Only a few CMs are president
No president is PM
Conclusion:
I. Some GMs are presidents
Statements: Some pins are mirrors. Â
All mirrors are boxes.
Conclusions:I. Some boxes are pins.Â
 II. Some boxes are mirrors.
In the question below there are three statements followed by three conclusions I, II and III. You have to take the three given statements to be true ev...
Relevant for Exams:
