Monday, 30 May 2016

Sardar Preetpal Singh's percentage profit

Q2 - For Q1 , Sardar Preetpal Singh's percentage profit is 
         
         (a) 391.42 %       (b) 380 %        (c) 489.71 %          (d) 438.23 %

Solution :-  percentage profit  = (profit / cost of running) * 100
                                          =  (42.85/8.75) *100
                                          = 489.71 %

                Hence,    (c) 489.71 %

Sunday, 29 May 2016

If Sardar Preetpal Singh's taxi is 14 years old

Q 1-  If Sardar Preetpal Singh's taxi is 14 years old and has a fuel efficiency of 12 km/litre of fuel, find his profit in a run from Howrah Station to Park Street (a distance of 7 km) if the stoppage time is 8 minutes. (Assume he owns the taxi)

(a) 32.25 rs     (b)   40.85 rs     (C) 34.25 rs     (d) 42.85 rs


Solution :-  Meter reading for first 2 kms is fixed at 10 rs.
                     For additional kms the meter reading changes by 5 rs.

                     If taxi is boarded and it doesn't move, meter reading for first 10 mins is fixed at 10rs.
                 For additional mins the meter reading changes by 1 rs.

                 Amount of distance traveled =  For first 2 kms + For rest of the kms
                                                        = 10 + 25
                                                        = 35 rs.
                 Meter reading  = Amount of time waited + Amount of distance traveled
                                     = 8 + 35
                                     = 43 rs.
                 Customer pays 20% over meter reading.
                 Amount Customer paid = 43*1.2
                                                = 51.6
                 Cost of running = Fuel efficiency
                                      = 7*1.25   (For 7 kms and petrol rate 15 rs/litre)
                                      = 8.75   (petrol rs 1.25 rs/kms)

                 Profit = 51.6 - 8.75
                         = 42.85 rs.

Hence , (d) 42.85