41
The price of fuel decreases by 25%, 15% and 45% in three successive months, but increases by 65% in the fourth month. What is the percentage increase/decrease in the price of fuel in the fourth month as compared to its original price?
- A.Increases by 38.95%
- B.Increases by 47.41%
- C.Decreases by 42.14%
- D.Decreases by 37.35%
Solution
Successive percentage change
Percentages of different bases never add - apply each change to the price standing at that moment, so multiply the factors.
A fall of multiplies the price by and a rise of multiplies it by .
Take the original price as ₹100. Net multiplier
So ₹100 becomes ₹57.853, a change of 57.853-100=-42.147
Net change (correct to two decimals), i.e. a decrease of about .
Hence the price decreases by , so the correct option is (c).
So ₹100 becomes ₹57.853, a change of 57.853-100=-42.147
Net change (correct to two decimals), i.e. a decrease of about .
Hence the price decreases by , so the correct option is (c).
From the compound interest: of P=102
, so the sum invested is ₹1,250.
Shortcut worth keeping: the principal is common, so .
Hence the corresponding simple interest is ₹100, so the correct option is (c).
Substitute r=10 cm and :
=4188
Hence the volume is , so the correct option is (a).
Time
=36 seconds
Hence they cross in 36 seconds, so the correct option is (b).
Days still needed
The question asks how many MORE days, so 108 (option b) is the trap - that is the total time.
Hence he needs 99 more days, so the correct option is (d).
Average
Hence ₹325 is spent per member, so the correct option is (c).
The trap is to give the late arrival's time ; the question asks for the normal time.
Hence he would have taken 27 minutes, so the correct option is (d).
So of the marked price is paid.
Single equivalent discount
Hence the equivalent single discount is , so the correct option is (b).
Smallest such number =825+3=828
Check: 828-3=825, and 825 is divisible by 15, 25 and 55. Option (b) 825 is the LCM itself, not the number asked for.
Hence the number is 828, so the correct option is (a).
Square bracket:
Hence the value is 135, so the correct option is (b).
Square bracket:
Hence the value is 612, so the correct option is (b).
Average of those 3
Hence the average of the remaining three numbers is 52, so the correct option is (b).
A divisor must be larger than every remainder it leaves; 19>5 and 19>4, so 19 is valid, while 21 and 22 do not divide 171.
Hence the greatest number is 19, so the correct option is (d).
Additional days
Hence 18 more days are needed, so the correct option is (a).
R=100 per cent per annum.
Now put this back into the simple interest:
2P=40, so P=20
Check: at , ₹20 grows to ₹40 then ₹80, so CI=80-20=60 and SI=40 - both match.
Hence the principal is ₹20, so the correct option is (d).
Profit
(to two decimal places)
Dividing the profit by the selling price instead would give , and reading 480 as the profit gives the trap.
Hence the profit is , so the correct option is (b).