Harsh runs a store where he sells various items. He bought a batch of 100 mobile phones at a cost of ₹10,000 each. To clear his stock, he offered a discount of 20% on the selling price, which is set at ₹15,000 per phone. However, he noticed that the phones were selling slowly, so he increased the discount to 30%, which led to an increase in sales. On the other hand, Harsh also invested ₹200,000 in a fixed deposit at an interest rate of 10% per annum, compounded annually. This deposit was made three years ago. Additionally, Harsh employs two workers in his store. One worker can complete a task in 10 hours, while the other can do the same task in 15 hours. They both work together for 6 hours and then the first worker leaves, leaving the second worker to complete the remaining task.
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1.What is the overall profit or loss percentage Harsh makes on the sale of all 100 mobile phones after offering the 30% discount?
2.What is the amount Harsh’s investment in the fixed deposit will grow to after three years?
3.How much time in total does it take for the two workers to complete the task if they start working together and then the second worker finishes the task alone?
4.If Harsh’s initial selling price before any discount was ₹15,000 per phone, what is the total revenue generated from selling all phones after the 30% discount?
5.What is the average time taken by both workers to complete the task individually, and how does it compare to the time taken by them when they work together for the initial 6 hours?