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    1 Number Certain 35200 Number Not Known 10000 Result 352000000 - 352000000

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    Dr. Vinoth
    Here are the steps to solve this problem: * Mr. Intelligent's current average is 75 * He thinks if he scored more in SAPM, his average would be 75 * Let's call his new score in SAPM = x * His total score so far (excluding SAPM) is 75 * 7 = 525 * The formula for average is Total Score / Number of Subjects * For the average to be 75, the new total score must be 75 * 8 * So we set up an equation: 525 + x = 75 * 8 * Solve the equation: 525 + x = 600 * x = 600 - 525 = 75 Therefore, the score he should have gotten in

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    1 Number Certain 35200 Number Not Known 10000 Result 352000000 - 352000000

    Uploaded by

    Dr. Vinoth
    32 views6 pages
    Here are the steps to solve this problem: * Mr. Intelligent's current average is 75 * He thinks if he scored more in SAPM, his average would be 75 * Let's call his new score in SAPM = x * His total score so far (excluding SAPM) is 75 * 7 = 525 * The formula for average is Total Score / Number of Subjects * For the average to be 75, the new total score must be 75 * 8 * So we set up an equation: 525 + x = 75 * 8 * Solve the equation: 525 + x = 600 * x = 600 - 525 = 75 Therefore, the score he should have gotten in

    Original Title

    Goal Seek

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    Here are the steps to solve this problem: * Mr. Intelligent's current average is 75 * He thinks if he scored more in SAPM, his average would be 75 * Let's call his new score in SAPM = x * His total score so far (excluding SAPM) is 75 * 7 = 525 * The formula for average is Total Score / Number of Subjects * For the average to be 75, the new total score must be 75 * 8 * So we set up an equation: 525 + x = 75 * 8 * Solve the equation: 525 + x = 600 * x = 600 - 525 = 75 Therefore, the score he should have gotten in

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    32 views6 pages

    1 Number Certain 35200 Number Not Known 10000 Result 352000000 - 352000000

    Uploaded by

    Dr. Vinoth
    Here are the steps to solve this problem: * Mr. Intelligent's current average is 75 * He thinks if he scored more in SAPM, his average would be 75 * Let's call his new score in SAPM = x * His total score so far (excluding SAPM) is 75 * 7 = 525 * The formula for average is Total Score / Number of Subjects * For the average to be 75, the new total score must be 75 * 8 * So we set up an equation: 525 + x = 75 * 8 * Solve the equation: 525 + x = 600 * x = 600 - 525 = 75 Therefore, the score he should have gotten in

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
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    1 Number Certain 35200

    Number not known 10000


    Result 352000000 <- 352000000
    Your business has a modest profit of 25,000. You've set
    yourself a new profit Goal of 35,000. At the moment, you're
    selling 1000 items at 25 each. Assume that you'll still sell 1000
    items. The question is, to hit your new profit of 35,000, by how
    1 much do you have to raise your prices?

    Items sold 1000


    Profit per item 35
    Total Profit 35000 35000

    You've had a meeting with your staff, and it has been decided
    that a price change from 25 to 35 is not a good idea. A better
    idea is to sell more items. You still want a profit of 35 000. Use
    Goal Seek to find out how many items you'll have to sell to
    meet your new profit figure.
    Solution
    Items sold 1000
    Profit per item 25
    Total Profit 25000
    You've had a meeting with your staff, and it has been decided that a price change from 25
    to 35 is not a good idea. A better idea is to sell more items. You still want a profit of
    35000. Use Goal Seek to find out how many items you'll have to sell to meet your new
    profit figure.
    Solution
    Items sold 1400
    Profit per item 25
    Total Profit 35000 35000
    Mr Intelligent's scores in his Masters exams are as follows:-

    Subject Marks
    Subject Marks
    Research Methods for Business 82
    Organisational Behaviour 60
    Financial Analytics 89
    Investment Management 76
    Financial Management Using MS Excel 80
    International Financial Management 75
    Management of Banking and Financial 70
    Institutions
    Average 76.0000

    He thinks that in the subject FA, if he had scored more, then his average would have been 76. Then How much he should have scored in FA?

    Forget solving equations


    Mr Intelligent's scores in his Masters exams are as follows:-

    Subject Marks
    Business Law & Ethics 70
    Business Policy & Strategic Management 82
    Security Analysis & Portfolio Management 93
    Financial Modelling using Excel 60
    Economic Legislation 70
    New Media 80
    Retail & Supply
    Ideation Chain Management
    & Creative Expression 75
    70
    Average 75

    He thinks that in the subject SAPM, if he had scored more, then his average would have been 75. Then How much he should have scored in SAPM?
    e scored in SAPM?

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