Diesel costs Rs.4per lit and petrol costs 5.63 per litre.
Diesel costs Rs.4per lit and petrol costs 5.63 per litre. If the price of diesel rise by 10% a month and the price of petrol is unchanged.How many months will it take until a litre of Diesel costs more than a litre of petrol.
Answer/Solution
4 months
Steps/Work
Explanation :
=>In the First Month the price of the diesel would be 4*110/100 = 4.4
=>In the Second Month the price of the diesel would be 4.4*110/100 = 4.84
=>In the Third Month the price of the diesel would be 4.84*110/100 = 5.324
=>In the fourth Month the price of the diesel would be 5.324*110/100 = 5.85 which is higher than the
price of the petrol!
Answer : D
=>In the First Month the price of the diesel would be 4*110/100 = 4.4
=>In the Second Month the price of the diesel would be 4.4*110/100 = 4.84
=>In the Third Month the price of the diesel would be 4.84*110/100 = 5.324
=>In the fourth Month the price of the diesel would be 5.324*110/100 = 5.85 which is higher than the
price of the petrol!
Answer : D