At the end of year 1998, Ramesh bought 108 shares. Henceforth, every year he added $p %$ of the shares a t the beginning of the year and sold $q %$ of the shares at the end of the year where p $>$ 0 and q $>$ 0. If Ramesh had 108 shares at the end of year 2002, after making the sales for that year, which of the following is true?

p = q

No worries! We‘ve got your back. Try BYJU‘S free classes today!

p < q

No worries! We‘ve got your back. Try BYJU‘S free classes today!

p > q

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

P = q/2

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C p > q
If the numbers of shares remain constant, then p has to be greater than q. Because, we are taking $p %$ on base price after getting increased we take $q %$ of that, which is greater than base price. answer is option (c)

Note- you can assume some simple numbers for p and q.

Suggest Corrections

Similar questions

At the end of year 1998, Ramesh bought 108 shares. Henceforth, every year he added $p %$ of the shares at the beginning of the year and sold $q %$ of the shares at the end of the year where p $>$ 0 and q $>$ 0. If Ramesh had 108 shares at the end of year 2002, after making the sales for that year, which of the following is true?

A sum of rupees 3903 is divided between P and Q such that the share of P at the end of 8 years is equal to the share of Q after 10 years. Find the share of P if the rate of interest is 4% compounded annually.

P, Q and R enter into a partnership in the ratio $\frac{5}{2} : \frac{7}{3} : \frac{7}{5}$ . After 3 months, P increases his share by 16%. The total profit at the end of one year is Rs. 16800. What is Q's share in the profit?