Nabeela took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest ?

In a class of 120 students , 45 students received a grade of B.What percent of the class received a grade of B ?A. 75 %
B. 25.6 %
C. 37.5%
D. 18.5%

 

The income of a broker remains uncharged though the rate of commission is increased from 4 % to 5 % the percentage of a slump in business is_______?

A. 8 %
B. 1 %
C. 20 %
D. 80 %
Explanation:
Let the business value changes from x to y.
Then 4 % of x = 5 % of y of 4/100 × x = 5/100 × y
or y = 4/5 x.
Change in business = (x – 4/5 x) = 4/5 x.
Percentage slump in business
= (1/5 x ×1/x × 100)% = 20%

In an election only two candidates contested. A candidate secured 70% of the valid votes and won by a majority of 172 votes. Find the total number of valid votes?

A. 430
B. 570
C. 480
D. 520
E. None of these
Explanation:
Let the total number of valid votes be x.
70% of x = 70/100 * x = 7x/10
Number of votes secured by the other candidate = x – 7x/100 = 3x/10
Given, 7x/10 – 3x/10 = 172 => 4x/10 = 172
=> 4x = 1720 => x = 430.