# a company rented a machine for rs.700/- a month. five years later the treasurer calculated that if the company had purchased the machine and paid rs.100/- monthly maintenance charge, the company would have saved rs.2000/-. what was the purchase price of the machine?

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## A company rented a machine for Rs.700/

Mar 17,2023 - A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, the company would have saved Rs.2000/-. What was the purchase price of the machine?Correct answer is '34000'. Can you explain this answer? | EduRev Quant Question is disucussed on EduRev Study Group by 934 Quant Students.

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A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, the company would have saved Rs.2000/-. What was the purchase price of the machine?

Correct answer is '34000'. Can you explain this answer?

Verified Answer

A company rented a machine for Rs.700/- a month. Five years later the ...

Lets assume the price of the machine = x rupee

5 year maintenance charge = 100*60 = 6000

so total investment = x+6000

now total rental charges for five year = 700*60 = 42000

so according to given condition 42000-x-6000 = 2000 so x = 34000

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A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, the company would have saved Rs.2000/-. What was the purchase price of the machine?Correct answer is '34000'. Can you explain this answer?

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A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, the company would have saved Rs.2000/-. What was the purchase price of the machine?Correct answer is '34000'. Can you explain this answer? for Quant 2023 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, the company would have saved Rs.2000/-. What was the purchase price of the machine?Correct answer is '34000'. Can you explain this answer? covers all topics & solutions for Quant 2023 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, the company would have saved Rs.2000/-. What was the purchase price of the machine?Correct answer is '34000'. Can you explain this answer?.

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## A company rented a machine for Rs.700/

Aptitude - A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, the company would have saved Rs.2000/-. What was the purchase price. 10 Answers are available for this question.

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## A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, the company would have saved Rs.2000/-. What was the purchase price of the machine?

Rs.34000 Interview Candidate Oct 1st, 2003 10 15187 Aptitude Answer First Prev Next Last

Showing Answers 1 - 10 of 10 Answers

### **priyanka_choudhary_1**

Oct 28th, 2007

how it is 34000 i think it should be 36000700 /-menace 12*5=60700*60=42000and now 100 ru per month meance 100*60 so 6000now 42000-6000=36000plz ans

### **pravesh28**

Mar 27th, 2010 34k is correct

let machine price is x

after 5 year it rate is

x+6k( including maintenace)

rent after 5 year42k

he save 2k in 5 year

so x+8keqals42k x eqals 34k ans

### **Pratiksha Katkhede**

Jan 4th, 2017

The company have already paid 700 Rs per month for 5yr. That means total Rs paid is=700*(12 months)*(5 yr)=42,000Rs.

Now,

if company purchased it , its only have to pay 100 Rs per month for 1 yr.

That means= 100*(12 months)=1200Rs.

They give condition as, if it pays this he company will save 2000 Rs.

42,000(already paid for 5 yr) + 1200(company have to pay for 1 yr)= 2000(company saves)

42,000+1200-2000=0

42,000-8000=34,000Rs

### **Yogita Katkhede**

Jan 4th, 2017 700*5*12=42000Rs 42000+1200=2000 =34,000Rs

### **Srilatha**

Feb 15th, 2017

700 rupees a month for 5 years=>700*5*12=42000Rs

for maintenance 100 rupees for 5 year=6000(for 1year=>12 months, so for 5years=>60months)

=42000-6000-2000 =34000

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## A company rented a machine for Rs 700 a month Five years later the treasurer calculated that if the

IBM Numerical Ability Question Solution - A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, the company would have saved Rs.2000/-. What was the purchase price of the machine?

## Latest IBM Aptitude Question SOLUTION: A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charg

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### A company rented a machine for Rs.700/- a month. Five years later the treasurer calculated that if the company had purchased the machine and paid Rs.100/- monthly maintenance charge, the company would have saved Rs.2000/-. What was the purchase price of the machine?

Solution

Let the price of the machine = x rupee

5 year maintenance charge = 100*60 = 6000

so total investment = x+6000

now total rental charges for five year = 700*60 = 42000

so according to given condition 42000-x-6000 = 2000 so x = 34000

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Previous Question: The average length of three tapes is 6800 feet. None of the tapes is less than 6400 feet. What is the greatest possible length of one of the other tapes? Next Question: Two computers each produced 48000 public utility bills in a day. One computer printed bills at the rate of 9600 an hour and the other at the rate of 7800 an hour. When the first computer finished its run, how many bills did the other computer still have to print?

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