I need help on a question which have multiple questions related to eachother.. I would be grateful to all of you if you please help me solving this, I have just one day to submitt it..
Ali is running his company “Multi-Lines” at Gulberg, Lahore where he takes projects from different companies and people complete these projects according to the deadlines given.
(i) If Ali starts working on 5 different projects and finishes all of them at the same time. He earns profit at the rate of m% of the project cost.
If cost of one project is between Rs. 80,000 to Rs1, 20,000, how much minimum and maximum profit he can earn? (25<m<30, Fix m in the given interval)
After sometime, every business in Pakistan goes down and it seems that there is not so much earning in that work in Pakistan.
Then Ali decided to shift from Pakistan to Dubai, UAE. He took all his investments round about Rs 6 lacs and started the same business in Dbai. He got projects from differentorganizations and sent to his employees to coniplete these projects.
(ii) Ali also got job in a multinational company where his monthly (gross) salary is Rs. x. His savings are Rs.24y annually. How much salary he spends monthly?
Note: (120000< x < 160000 and 25000 <y <30000)
(iii) If the cost of earned leaves per year is Rs,15000/- how much gross salary that person has?
What are the leaves as percent of gross salary?
Note that normal working days assumed are 26.
(Continued from Q#1)
In Dubai, after the job timing, Ali is running his same “Multi-Lines” company. During the start of the sixth month in Dubai, he takes 6 new projects, uses all his investment from Pakistan and monthly saving of 5 months here
(i) How much profit he has earned (if these projects complete in 4 months and he sells each project for Rs.2 lacs)?
After 2 years, he decides to quit from the job and to start a new furniture business where he supplies the handles and chairs in the market.
(ii) How much he needs to invest now at 20% rate of interest to earn Rs 5 lacs at the end of year 2 and Rs 6 lacs at the end of year 3?
Suppose that the list price of one handle is Rs. Z and then list price after giving discounts becomes Rs, 85, then Rs. 70, and at the end Rs. 55
(iii) A customer asks him that how much series discount rates you had given?
He also asks the single equivalent rate? (130<Z<l 50)