Question : If an electricity bill is paid before the due date, one gets a reduction of 13% on the amount of the bill. By paying the bill before the due date, Ravi got a reduction of INR 260.39. The amount of his electricity bill (in INR) was:
Option 1: 2,003
Option 2: 2,580
Option 3: 2,230
Option 4: 2,064
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Correct Answer: 2,003
Solution : According to the question : 13% of the electric bill = INR 260.39 Amount of the electric bill = $\frac{260.39 \times 100}{13}$ = INR 2,003 Hence, the correct answer is 2,003.
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Question : The state electricity board gives a 15% discount on electric bills if it is paid before the due date. One person gets INR 54 as a discount. The amount of the actual bill was:
Option 1: INR 362
Option 2: INR 359
Option 3: INR 360
Option 4: INR 361
Question : A certain amount of money was lent for 1 year 9 months at a rate of 10% per annum compounded annually. If the compound interest is INR 1,460, find the amount of money lent.
Option 1: INR 8,200
Option 2: INR 7,500
Option 3: INR 6,000
Option 4: INR 8,000
Question : A person, who spends 68% of his monthly income, can save INR 14,720 per month. Find his total expenses.
Option 1: INR 46,000
Option 2: INR 38,210
Option 3: INR 31,280
Option 4: INR 42,400
Question : A certain sum was to be divided between A and B in the ratio 8 : 5. However, by mistake, it was divided in the ratio 5 : 8. Thus, A gets INR 300 less than his original share. Find the sum.
Option 1: INR 2,600
Option 2: INR 1,500
Option 3: INR 1,300
Option 4: INR 600
Question : On an item having a marked price of INR 500, Ravi was offered successive discounts of 36% and 5%, respectively, while Prabhat was offered a single discount of 40%. Who paid more for the item and by how much?
Option 1: Ravi, 4
Option 2: Prabhat, 5
Option 3: Ravi, 5
Option 4: Prabhat, 4
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