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?
Correct Answer : C
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?
A & B started a business investing Rs. 25,000 & Rs. 20,00 rly. Find the share of each out of an annual income of Rs. 9000
A man buys shares at a discount of Rs.x. Later he sells all but 10 of the shares he purchased at a premium of Rs.x. If his investment was Rs.4500 and proceeds from the sale were Rs.6250, how many shares did he buy originally ? [Assume face value of shares as Rs.100.]