CA Foundation Exam > CA Foundation Questions > Eight people are planning to share equally th...
Start Learning for Free
Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8?
Verified Answer
Eight people are planning to share equally the cost of a rental car.if...
This question is part of UPSC exam. View all CA Foundation courses
Most Upvoted Answer
Eight people are planning to share equally the cost of a rental car.if...
Problem Analysis:
Let's assume that the total cost of the rental car is C dollars. If there are eight people sharing the cost equally, each person's share would be C/8 dollars.
Scenario 1: Eight people sharing the cost equally
In this scenario, each person contributes C/8 dollars.
Scenario 2: Seven people sharing the cost equally
If one person withdraws from the arrangement, there will be only seven people left to share the entire cost of the car. In this case, each person's share would be C/7 dollars.
Calculating the difference:
To find out how much the share of each remaining person increased, we need to calculate the difference between the two scenarios.
Increase in share = (New share - Old share)
Increase in share = (C/7 - C/8)
Simplifying the expression:
To subtract fractions, we need to have a common denominator. In this case, we can use 56 as the common denominator.
New share = (8C/56) - (7C/56)
New share = (8C - 7C)/56
New share = C/56
Final Calculation:
So, the increase in share for each person would be C/56 dollars. But we need to find the increase as a fraction of the original share.
Increase as a fraction = (Increase in share) / (Old share)
Increase as a fraction = (C/56)/(C/8)
Increase as a fraction = (C/56) * (8/C)
Increase as a fraction = 8/56
Answer:
The increase in share for each person is 1/7. Therefore, the correct answer is option c) 1/7.
Let's assume that the total cost of the rental car is C dollars. If there are eight people sharing the cost equally, each person's share would be C/8 dollars.
Scenario 1: Eight people sharing the cost equally
In this scenario, each person contributes C/8 dollars.
Scenario 2: Seven people sharing the cost equally
If one person withdraws from the arrangement, there will be only seven people left to share the entire cost of the car. In this case, each person's share would be C/7 dollars.
Calculating the difference:
To find out how much the share of each remaining person increased, we need to calculate the difference between the two scenarios.
Increase in share = (New share - Old share)
Increase in share = (C/7 - C/8)
Simplifying the expression:
To subtract fractions, we need to have a common denominator. In this case, we can use 56 as the common denominator.
New share = (8C/56) - (7C/56)
New share = (8C - 7C)/56
New share = C/56
Final Calculation:
So, the increase in share for each person would be C/56 dollars. But we need to find the increase as a fraction of the original share.
Increase as a fraction = (Increase in share) / (Old share)
Increase as a fraction = (C/56)/(C/8)
Increase as a fraction = (C/56) * (8/C)
Increase as a fraction = 8/56
Answer:
The increase in share for each person is 1/7. Therefore, the correct answer is option c) 1/7.
Attention CA Foundation Students!
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.
|
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8?
Question Description
Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8?.
Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8?.
Solutions for Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? defined & explained in the simplest way possible. Besides giving the explanation of
Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8?, a detailed solution for Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? has been provided alongside types of Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? theory, EduRev gives you an
ample number of questions to practice Eight people are planning to share equally the cost of a rental car.if one person withdraws from the arrangement and the others share equally entire cost of the car,then the share of each of the remaining persons increased by: a) 1/9 b)1/8 c)1/7 d)7/8? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup