Study the following graph carefully and answer the questions given below:
Distribution of candidates who were enrolled for MBA entrance exam and the candidates (out of those enrolled) who passed the exam in different institutes:
1.
What percentage of candidates passed the Exam from institute T out of the total number of candidates enrolled from the same institute?
Two different finance companies declare fixed annual rate of interest on the amounts invested with them by investors. The rate of interest offered by these companies may differ from year to year depending on the variation 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?
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
D.
4:3
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)
= Rs.
48
x.
100
and interest received after one year from Company Q
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
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
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
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
An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the 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
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