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in the economy of the country and the banks rate of interest. The annual rate of interest offered by the two
Companies P and Q over the years are shown by the line graph provided below.

Annual Rate of Interest Offered by Two Finance Companies Over the Years.

6.A sum of Rs. 4.75 lakhs was invested in Company Q in 1999 for one year. How much more interest would have
been earned if the sum was invested in Company P?
A.Rs. 19,000
B.Rs. 14,250
C.Rs. 11,750
D.Rs. 9500

Your Answer: Option (Not Answered)

Correct Answer: Option D

Explanation:

Difference= Rs. [(10% of 4.75) - (8% of 4.75)] lakhs


= Rs. (2% of 4.75) lakhs
= Rs. 0.095 lakhs
= Rs. 9500.

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7.If two different amounts in the ratio 8:9 are invested in Companies P and Q respectively in 2002, then the
amounts received after one year as interests from Companies P and Q are respectively in the ratio?
A.2:3
B.3:4
C.6:7
TimeD.4:3
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Your Answer: Option (Not Answered)

Correct Answer: Option D

Explanation:

Let the amounts invested in 2002 in Companies P and Q be Rs. 8x and Rs. 9x respectively.

Then, interest received after one year from Company P= Rs. (6% of 8x)
48
= Rs. x.
100
and interest received after one year from Company Q = Rs. (4% of 9x)
36
= Rs. x.
100

48
x 4
100
Required ratio = = .
36
x 3
100

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8.In 2000, a part of Rs. 30 lakhs was invested in Company P and the rest was invested in Company Q for one year.
The total interest received was Rs. 2.43 lakhs. What was the amount invested in Company P?
A.Rs. 9 lakhs
B.Rs. 11 lakhs
C.Rs. 12 lakhs
D.Rs. 18 lakhs

Your Answer: Option (Not Answered)

Correct Answer: Option D

Explanation:

Let Rs. x lakhs be invested in Company P in 2000, the amount invested in Company Q in 2000 = Rs. (30 - x)
lakhs.

Total interest received from the two Companies after 1 year

= Rs. [(7.5% of x) + {9% of (30 - x)}] lakhs

1.5x
= Rs. 2.7 - lakhs.
100

1.5x
2.7 - = 2.43 x = 18.
100
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9.An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was
re-invested in the same Company for one more year. The total appreciation received by the investor on his
investment was?
A.Rs. 2,96,200
B.Rs. 2,42,200
C.Rs. 2,25,600
D.Rs. 2,16,000

Your Answer: Option (Not Answered)

Correct Answer: Option C

Explanation:

Amount received from Company P after one year (i.e., in 199) on investing Rs. 12 lakhs in it

= Rs. [12 + (8% of 12)] lakhs

= Rs. 12.96 lakhs.

Amount received from Company P after one year on investing Rs. 12.96 lakhs in the year 1999

= Rs. [12.96 + (10% of 12.96)] lakhs

= Rs. 14.256.

Appreciation received on investment during the period of two years

= Rs. (14.256 - 12) lakhs

= Rs. 2.256 lakhs

= Rs. 2,25,600.

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10.An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the
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interest was transferred as investment to Company P in 1997 for one year. What amount will be received from
Company P, by the investor?
A.Rs. 5,94,550
B.Rs. 5,80,425
C.Rs. 5,77,800
D.Rs. 5,77,500

Your Answer: Option (Not Answered)

Correct Answer: Option B

Explanation:

Amount received from Company Q after one year on investment of Rs. 5 lakhs in the year 1996

= Rs. [5 + (6.5% of 5)] lakhs

= Rs. 5.325 lakhs.

Amount received from Company P after one year on investment of Rs. 5.325 lakhs in the year 1997

= Rs. [5.325 + (9% of 5.325)] lakhs

= Rs. 5.80425 lakhs

= Rs. 5,80,425.

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Direction (for Q.Nos. 11 - 15):

The following table gives the sales of batteries manufactured by a company over the years.

Number of Different Types of Batteries Sold by a Company Over the Years (Numbers in Thousands)

Types of Batteries
Year
4AH 7AH 32AH 35AH 55AH Total
1992 75 144 114 102 108 543
1993 90 126 102 84 126 528
1994 96 114 75 105 135 525
1995 105 90 150 90 75 510
1996 90 75 135 75 90 465
1997 105 60 165 45 120 495
1998 00:29:35115
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11.What was the approximate percentage increase in the sales of 55AH batteries in 1998 compared to that in
1992?
A.28%
B.31%
C.33%
D.34%

Your Answer: Option (Not Answered)

Correct Answer: Option D

Explanation:

(145 - 108)
Required percentage= x 100 %
108
= 34.26%
34%.

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12. The total sales of all the seven years is the maximum for which battery?
A.4AH
B.7AH
C.32AH
D.35AH

Your Answer: Option (Not Answered)

Correct Answer: Option C

Explanation:

The total sales (in thousands) of all the seven years for various batteries are:

For 4AH = 75 + 90 + 96 + 105 + 90 + 105 + 115 = 676

For 7AH = 144 + 126 + 114 + 90 + 75 + 60 + 85 = 694

For 32AH = 114 + 102 + 75 + 150 + 135 + 165 + 160 = 901

For 35AH = 102 + 84 + 105 + 90 + 75 + 45 + 100 = 601

For 55AH = 108 + 126 + 135 + 75 + 90 + 120 + 145 = 799.

Clearly, sales are maximum in case of 32AH batteries.

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