Pinnacle Regular - Maths FSB 7 - 2006-07Page (2) of (6)
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The rate of increase for the price of sugar isobserved to be two percent more than theinflation rate expressed in percentage. The priceof sugar, on January 1,1994 is Rs.20 per kg.The inflation rate of the years 1994 and 1995is expected to be 8% each. The expected priceof sugar on January 1,1996 would be1.Rs.23.602.Rs.24.003.Rs.24.204.24.60
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A man’s income increases by Rs.1,200 but therate of tax being reduced from 12% to 10%and he pays the same amount of tax as before.His income after the increase is .......... if 20%of income is exempted from tax in both cases.1.Rs.8,7002.Rs.7,5003.Rs.6,0004.Rs.7,200
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A, B, and C were partners who investedRs.6000, Rs.10000 and Rs.15000 respectivelyin the business. The total profit of Rs.5250 wasshared amongst them. A earned 10% profit onhis investment while B earned 15% profit onhis investment. At what rate did C earn hisprofit? (w.r.t. his investment)1.12%2.20%3.21%4.25%