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A man is 24 years older than his son. In two years, his age will be twice the age of his son. The present age of his son is:

Let's denote the present age of the son as x. The man is 24 years older than his son, so the man's present age is x + 24. In two years, the son's age will be x + 2, and the man's age will be x...

February 19, 2025 50
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What percentage of numbers from 1 to 70 have 1 or 9 in the unit’s digit?

Another method Let's count the numbers from 1 to 70 that have 1 or 9 in the unit's digit: Numbers with 1 in the unit's digit: 1, 11, 21, 31, 41, 51, 61 Numbers with 9 in the unit's digit:...

February 19, 2025 50
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A fruit seller had some apples. He sells 40% apples and still has 420 apples. Originally, he had:

Let's denote the original number of apples as x. The fruit seller sells 40% of the apples, which means he sells 0.4x apples. The remaining apples are 60% of the original, which is 0.6x. Given...

February 19, 2025 50
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Two students appeared at an examination. One of them secured 9 marks more than the other and his marks was 56% of the sum of their marks. The marks obtained by them are:

Let's denote the marks obtained by the first student as x and the second student as y. Since one student secured 9 marks more than the other: x = y + 9 or y = x + 9 (we'll consider both cases)...

February 19, 2025 50
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A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?

Let's denote the duration for which B joined the business as x months. A invests Rs. 85,000 for the entire year (12 months). B invests Rs. 42,500 for x months. The profit-sharing ratio is 3:1....

February 19, 2025 50
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A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B’s contribution in the capital?

Let's denote B's contribution to the capital as x. A invests Rs. 3500 for the entire year (12 months). B invests x for 7 months (12 - 5). The profit-sharing ratio is 2:3. Since the profit...

February 19, 2025 50
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Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?

Let me solve this step by step. 1) Let's understand the given information: * Profit ratio = 5 : 7 : 8 * Partner 1 invested for 14 months * Partner 2 invested for 8 months * Partner 3 invested for...

February 19, 2025 50
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A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:

Let's denote the amount subscribed by C as x. Since B subscribes Rs. 5000 more than C: B's subscription = x + 5000 Since A subscribes Rs. 4000 more than B: A's subscription = (x + 5000) + 4000...

February 18, 2025 50
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A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A’s share is Rs. 855, the total profit is:

A's share of the profit is Rs. 855, and the ratio of A's investment to B's investment is 3:2. Let's denote the total profit as x. A's share of the profit is 3/5 of the remaining profit after 5%...

February 18, 2025 50
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A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit percent is:

Cost Price (CP) of 26 kg rice = 26 × 20 = Rs. 520 CP of 30 kg rice = 30 × 36 = Rs. 1080 Total CP = 520 + 1080 = Rs. 1600 Total quantity of rice = 26 + 30 = 56 kg Selling Price (SP) of 56 kg rice...

February 18, 2025 50
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A shopkeeper sells one transistor for Rs. 840 at a gain of 20% and another for Rs. 960 at a loss of 4%. His total gain or loss percent is:

Let's denote the Cost Price (CP) of the first transistor as x and the second transistor as y. For the first transistor: Selling Price (SP) = Rs. 840 Gain = 20% CP = x SP = CP + 20% of CP 840...

February 18, 2025 50
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100 oranges are bought at the rate of Rs. 350 and sold at the rate of Rs. 48 per dozen. The percentage of profit or loss is:

Cost Price (CP) of 100 oranges = Rs. 350 Selling Price (SP) of 1 dozen oranges = Rs. 48 SP of 100 oranges = 48 × (100/12) = 48 × 8.33 = 400 Since SP > CP, there is a profit. Profit...

February 18, 2025 50
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When a plot is sold for Rs. 18,700, the owner loses 15%. At what price must that plot be sold in order to gain 15%?

Let's denote the Cost Price (CP) of the plot as x. Since the owner loses 15% when selling at Rs. 18,700: Loss = 15% of CP = 0.15x Selling Price (SP) = CP - Loss 18700 = x - 0.15x 18700 = 0.85x...

February 17, 2025 50
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On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:

Let's denote the Cost Price (CP) of 1 ball as x. CP of 17 balls = 17x CP of 5 balls = 5x Given that the loss is equal to the CP of 5 balls: Loss = 5x Selling Price (SP) of 17 balls = Rs. 720 Since...

February 17, 2025 50
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Some articles were bought at 6 articles for Rs. 5 and sold at 5 articles for Rs. 6. Gain percent is:

Cost Price (CP) of 6 articles = Rs. 5 CP of 1 article = 5/6 Selling Price (SP) of 5 articles = Rs. 6 SP of 1 article = 6/5 Profit = SP - CP = (6/5) - (5/6) = (36 - 25) / 30 = 11/30 Profit...

February 17, 2025 50
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The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

Let's denote the rate of interest as R. Simple Interest (SI) formula: SI = (P × R × Time) / 100 Compound Interest (CI) formula: CI = P × (1 + R/100)^Time - P Given values: P...

February 15, 2025 50
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The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:

Simple Interest (SI) formula: SI = (P × R × Time) / 100 Given values: P = Rs. 1200 R = 10% per annum Time = 1 year SI = (1200 × 10 × 1) / 100 = 120 Compound Interest (CI) formula:...

February 15, 2025 50
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If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?

Simple Interest (SI) formula: SI = (P × R × Time) / 100 Given values: SI = Rs. 50 R = 5% per annum Time = 2 years Rearrange the SI formula to solve for P: P = (SI × 100) / (R ×...

February 15, 2025 50
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A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6% p.a for 2 years. Find his gain in the transaction per year.

Simple Interest (SI) formula: SI = (P × R × Time) / 100 Given values: Borrowing: P = Rs. 5000 R = 4% per annum Time = 2 years SI (borrowing) = (5000 × 4 × 2) / 100 = (5000 × 8)...

February 15, 2025 50
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The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:

Nominal rate of interest = 6% per annum Compounding frequency = Half-yearly (2 times a year) Effective annual rate of interest formula: Effective Rate = (1 + (R/n))^(n) - 1 where R = nominal...

February 15, 2025 50
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