Question
Statement: Large IT services companies are in the
process of laying off employees on a scale not seen since the 2008-10 downturn. I. The IT industry is moving towards hiring employees from the US II. The growth in IT industry has slowed down far more than anticipated. In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Solution
It could be any/both of these reasons because of which IT industries are laying off employees, which is not implied from the statement and hence both these assumptions are not implicit.
A sum of money will amount to Rs. 250 in 2 year & in 3 year it is to be 350 in compound interest . Find the rate of interest?
If the ratio of the sum invested and simple interest received after 1 year is 20:11 respectively, then find the rate of interest.
A sum of money invested at simple interest grows to 13 times its original value in 96 years. Determine the annual rate of interest.
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On what sum will the difference between the simple and compound interest for 3 years at 20% percent per annum amounts to Rs 66.56?
The interest received on investing Rs. (5p + 150) on simple interest at 15% p.a. for 2 years is Rs. (2p + 240). Find the ratio (p - 90):(p + 60)
Shivam invested 24000 at 12% p.a. simple interest for ‘x’ months. If at the end of ‘x’ months, he received a total amount of Rs.26400. What is t...
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