Exams

Given series is A F Z U G L T _

Starts with A

A + 5 letters = F

go to end of alphabet= Z

Z - 5 letters = U

from F go one more to G + 5 letters = L

from U go one back to U, T - 5 letters = O

Second Method ::

Change the letters to their corresponding number.

A=1

B=2

C=3

...

Z=26

A F Z U G L T _

1 6 26 21 7 12 20 ?

Look at the pattern: the 1st and 3rd numbers = 27, 1+26

the 2nd and 4th numbers = 27, 6+21

the 5th and 7th numbers = 27,

so the 6 and 8th would also equal 27.

27 - 12 = 15,

so the letter is O.

SP2 = 2/3 SP1
CP = 100
SP2 = 80
2/3 SP1 = 80

SP1 = 120
100 --- 20   => 20%

Creditors and debtors:

During inflation creditors lose because they receive in effect less in goods and services than if they had received the repayments during a period of low prices. Debtors, on other hand, as a group gain during inflation, since they repay their debts in currency that has lost its value.The aggregate volume of internal trade tends to increase during inflation due to higher incomes, greater production and larger spending. But the export trade is likely to suffer on account of arise in the prices of domestic goods.

The same currency unit will now buy less goods and services.But the bondholders lose as they get a fixed interest the real value of which has already fallen.