In a market survey, 20% opted for product $A$, 60% for $B$, and the rest were uncertain. If the difference between those who opted for $B$ and those uncertain is $720$, how many individuals were surveyed?
Data inadequate
Uncertain $=100\%-20\%-60\%=20\%$.
Difference $=60\%-20\%=40\%$ of the total.
So $0.40\times N=720 \Rightarrow N=\dfrac{720}{0.40}= \boxed{1800}$.
Instead of computing the uncertain percentage first and then equating a percentage difference directly to \(720\), we can use the ratio between the "opted for B" and "uncertain" groups to find their actual numbers first, and check each option.
Using the \(3:1\) ratio between the "B" and "uncertain" groups confirms the total surveyed is \(1800\).
Hence, the correct answer is option B: 1800.
A company has $50{,}000$ preferred shares with dividend $20\%$ and $20{,}000$ common shares; par value of each share is ₹ 10. The total profit is $₹ 1{,}80{,}000$, of which $₹ 30{,}000$ is kept in reserve and the rest distributed to shareholders. Find the dividend percent paid to common shareholders.
A man buys apples at a certain price per dozen and sells them at eight times that price per hundred. What is his gain or loss percent?
Population of Timbaktoo (2 years ago) is 125000. Due to natural calamities people started migrating. So, population decreased at the rate of 4% per annum. How many migrated from his town in past 2 years?
A country follows a progressive taxation system under which the income tax rates applicable varies for different slabs of income. Total tax is computed by calculating the tax for each slab and adding them up. The rates applicable are as follows :
Tax Rate Table Based on Annual Income
\[\begin{array}{|c|c|} \hline \textbf{Annual income} & \textbf{Tax rate} \\ \hline 0 - 50,000 & 0\% \\ \hline 50,001 - 60,000 & 10\% \\ \hline 60,001 - 1,50,000 & 20\% \\ \hline > 1,50,000 & 30\% \\ \hline \end{array}\]
If annual income is ₹ $1{,}70{,}000$, what is the total tax payable?