Realated Questions
P,Q, R enter a partnership where they invest Rs. 20000, Rs. 30000, Rs. 40000 resp. P withdraws Rs. 10000 after 2 months, Q withdraws Rs. 15000 after 4 months and R withdraws Rs. 25000 after 8 months. What will be R’s share in the profit of Rs. 12474?
A man buys Bank's cash certificates every year for a value exceeding the last year's purchase by Rs 400. After 24 years, he finds that the total value of the certificate purchased by him is Rs 144,000. What is the value of the certificates purchased by him in the 13th year?
Because of the economic slowdown, a multinational company curtailed some of the allowances of its employees. Rashid, the marketing manager of the company whose monthly salary has been reduced to Rs 42,000 is unable to cut more on his expenditure. He finds that there is a deficit of Rs 2,000 between his earning and expenses in the first month. This deficit, because of inflationary pressure, will keep on increasing by Rs 500 every month. Rashid has a saving of Rs 60,000 which will be used to fill the deficit. After his savings get exhausted, Rashid would start borrowing from his friends. How soon will he start borrowing?