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Given below are two statements. Statement I: The length of a tree increases at the rate…

Paper 1 · Mathematical Reasoning and Aptitude UGC NET December 2021 June 2022 (12.10.2022) Shift-II
Given below are two statements. Statement I: The length of a tree increases at the rate of 5 percent every year on its previous year's length; if it is 2.0 feet now, it will increase by 0.31525 feet in three years. Statement II: A vendor sells an item for Rs. 56 making a profit of 40 percent, so the cost price of the item is Rs. 40. In the light of the above statements, choose the correct answer from the options given below.
  • Statement I: A tree of 2.0 feet growing 5 percent a year on its previous length increases by 0.31525 feet in three years.
  • Statement II: An item sold for Rs. 56 at a 40 percent profit has a cost price of Rs. 40.
ABoth Statement I and Statement II are true ✓ Correct
BBoth Statement I and Statement II are false
CStatement I is true but Statement II is false
DStatement I is false but Statement II is true
Correct answer: (A) Both Statement I and Statement II are true — The answer is that both statements are true.
Explanation
The answer is that both statements are true.
Growing 2.0 feet by 5 percent a year gives 2.10, then 2.205, then 2.31525 feet over three years.
So the increase is 0.31525 feet, making Statement I true.
For the item, cost price is 100 over 140 times 56.
That equals 40 rupees, making Statement II true.
Thus both statements hold.
So the answer is that both statements are true.

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