A certain amount invested in a firm would become double at the end of one month, but it deducts an amount of ₹120 on every doubling. A person invests an amount of ₹105 and continues for 3 months without investing any additional amount. At the end of 3 months, his net income is [#1695] | SPPMMC

A certain amount invested in a firm would become double at the end of one month, but it deducts an amount of ₹120 on every doubling. A person invests an amount of ₹105 and continues for 3 months without investing any additional amount. At the end of 3 months, his net income is [#1695]

Home > Quiz >
« !
Select Option ⋘ Previous Question Next Question ⋙
! »

Q1. A certain amount invested in a firm would become double at the end of one month, but it deducts an amount of ₹120 on every doubling. A person invests an amount of ₹105 and continues for 3 months without investing any additional amount. At the end of 3 months, his net income is
Q1. A certain amount invested in a firm would become double at the end of one month, but it deducts an amount of ₹120 on every doubling. A person invests an amount of ₹105 and continues for 3 months without investing any additional amount. At the end of 3 months, his net income is

(A) 55
(A) 55
(B) 0
(B) 0
(C) 270
(C) 270
(D) 45
(D) 45
Answer: (B) 0
Answer: (B) 0
1st Month -> (105 * 2) - 120 = 210 - 120 = 90 2nd Month -> (90 * 2) - 120 = 180 - 120 = 60 3rd Month -> (60 * 2) - 120 = 120 - 120 = 0
1st Month -> (105 * 2) - 120 = 210 - 120 = 90 2nd Month -> (90 * 2) - 120 = 180 - 120 = 60 3rd Month -> (60 * 2) - 120 = 120 - 120 = 0

👤SPPMMC TEAM

•

13 views

•

@1695

•

2024-10-23

•

•

•

•

*** Choose the correct option to show answer. (Choose the correct option to show answer.) Need help

Connect with us on....

Whatsapp

YouTube

Telegram

Facebook

Related MCQ Quizzes

Related Questions

1. Consider the four numbers given numbers. If the digits of each number are arranged in ascending order, which new number would be the smallest?2. ‘A’ starts his journey at 1:00 p.m. from a location P with a speed of 1 m/sec. ‘B’ starts his journey from the same location P and along the same direction at 1:10 p.m. with a speed of 2 m/sec. If ‘B’ meets ‘A’ at the location Q, then the distance PQ is :3. How many prime numbers exist, which are less than 40?4. If 20% of a is b, then b% of 20 is the same as :5. The remainder when –76 is divided by 3, is6. What is the term for a number that can be divided by 2?7. A ladder of length 13 m is leaning against a vertical wall with the upper end at the height of 5 m. The horizontal distance between the foot of the wall and the lower end of the ladder is8. The LCM of two numbers is 40 and their HCF is 4. If the difference between the two numbers is 12, then the sum of the numbers is9. The smallest positive integer that is simultaneously divisible by 6, 8 and 12 is10. The sum of first 6 prime numbers is11. At what percentage of simple interest does an amount of money double in 12 years?12. In a range of consecutive numbers starting with 1, all the even numbers are removed. From the remaining, consider the first 7 numbers. The sum of these 7 numbers is13. A 20 m long ladder is leaning on a vertical wall. It makes an angle of 30° with the ground. The height of the point the ladder touches wall is14. Three numbers are in the ratio 3:4:6 and their product is 1944. The largest of the numbers is.15. The largest of 26, 35, 44 and 53 is16. Shyam stored Rs 35 in the form of 1 rupee coin and 50 paise coins in the ratio 2 : 3. The number of 50 paise coins are17. The least number by which 2450 must be multiplied to make it a perfect square, is18. Find the least number by which 1250 must be multiplied to make it a perfect square.19. The number when divided by 2, leaves remainder 1; when divided by 3, leaves remainder 2 and when divided by 4, leaves remainder 3, is20. Two numbers are respectively 20% and 50% more than a third number. The ratio of the two numbers is
˂ Previous !
Select Option ⋘ Previous Question Next Question ⋙
! Next ˃
Select Your Preferred Language:
Select Any Language: