1. Question:A clock is set right at 5 a.m. The clock loses 16 minutes in 24 hours. What will be the true time when the clock indicates 10 p.m. on 4 th day ? 

    Answer
    Time from 5 a.m. on 4th day = 89 hours.
    
    Now 23 hrs 44 min. of this clock = 24 hours of correct clock.
    
    `:. 356/15` hrs of this clock = 24 hours of correct clock.
    
    89 hrs of this clock` = (24 xx 15/356 xx 89)` hrs hours of correct clock.
    
       = 90 hrs of correct clock.
    
    So, the correct time is 11 p.m.






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  2. Question:A clock is set right at 8 a.m. The clock gains 10 minutes in 24 hours. What will be the true time when the clock indicates 1 p.m. on the following day ? 

    Answer
    Time from 8 a.m. on a day to 1 p.m. on the following day = 29 hrs.
    
    24 hours 10 min.of this clock = 24 hours of the correct clock.
    
    `145/6` hrs of this clock = 24 hrs of the correct clock
    
    29 hrs of this clock` = (24 xx 6/145 xx 29)` hrs of the correct clock
    
       = 28 hrs 48 min of correct clock
    
    :. The correct time is 28 hrs 48 min. after 8 a.m.
    
    This is 48 min. past 12.






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  3. Question:Find the cash required to purchase `Rs.3200,7 1/2%` stock at 107 `(brokerage 1/2%)` 

    Answer
    Cash required to purchase Rs. 100 stock
    
    ` = Rs.(107 + 1/2) = Rs.215/2.`
    
     Cash required to purchase Rs. 3200 stock
    
     ` = Rs. (215/2 xx 1/100 xx 3200)`
    
      `= Rs. 3440.`






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  4. Question:Find the cash realised by selling Rs. 2400, 9.5% stock at 4 discount` (brokerage 1/4%)` 

    Answer
    By selling Rs. 100 stock, cash realised 
    
    `= Rs. [(100 - 4) - 1/4]`
    
    `= Rs. 383/4`
    
     By selling Rs. 2400 stock, cash realised
    
    ` = Rs.(383/4 xx 1/100 xx 2400)`
    
     =Rs. 2298.






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  5. Question:Find the annual income derived from Rs. 2500, 8% stock at 106. 

    Answer
    Income from Rs.100 stock = Rs. 8
    
    Income from Rs. 2500 stock
    
    ` = Rs. (8/100 xx 2500)`
    
       `= Rs.200.`






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