Menu
Popular Courses
Search
Question

The price of commodity X increases by 40 paise every year, while the price of commodity Y increases by 15 paise every year. If in 2001, the price of commodity X was Rs. 4.20 and that of Y was Rs. 6.30, in which year commodity X will cost 40 paise more than the commodity Y ?


Options:
A .  2010
B .  2011
C .  2012
D .  2013
Answer: Option B

Suppose commodity X will cost 40 paise more than Y after z years.

Then, (4.20 + 0.40z) - (6.30 + 0.15z) = 0.40

 The Price Of Commodity X Increases By 40 Paise Every Year, ... 0.25z = 0.40 + 2.10

 The Price Of Commodity X Increases By 40 Paise Every Year, ... z = 2.50 = 250 = 10. 0.25 25

 The Price Of Commodity X Increases By 40 Paise Every Year, ... X will cost 40 paise more than Y 10 years after 2001 i.e., 2011.



Was this answer helpful ?
Next Question

Submit Comment/FeedBack

Your email address will not be published. Required fields are marked *

Share this page with your friends!

Latest Videos

Chapter 1 - GLOBAL STEEL SCENARIO & INDI Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)
Direction Sense Test Part 1 Reasoning (Hindi)
Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE
Cube & Cuboid Part 1 Reasoning (Hindi)
Data Interpretation (DI) Basic Concept Reasoning (Hindi)
Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)
Real Numbers Part 7 Class 10 Maths
Real Numbers Part 1 Class 10 Maths
Polynomials Part 1 Class 10 Maths

Latest Test Papers

Chapter 3.1 : Overview of Finance & Acco Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024
Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024
Chapter 1.1 : Personnel Functions- An ov Chapter 1 : Personnel Management SAIL E0 - GFM 2024
GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024
CBT Mixed Test 1 GPOE/GPA SAIL E0 2024