Simplification Test 3

Question : 26 of 40

Marks: +1, -0

N number of persons decided to raise Rs. 3 lakhs by equal contributions from each. Had they contributed Rs. 50 each extra, the contribution would have been Rs. 3.25 lakhs. Find the value of N.

Validate

Solution:

325000/N-300000/N=50

⇒25000/N=50

∴N=500

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