While house hunting in London, I came across a very good leasehold property Discussing the lease the landlady told me:
'The property was originally on a 99 years lease and two-thirds of the time passed is equal to four-fifths of the time to come. Now work it out for yourself and see how many years are to go!
I am working in a bus company. The company recently went under expansion and therefore there was not enough room for all the buses. As a result, twelve buses had to be stored outside.
If the company decides to expand the garage space by forty percent, enough space to accommodate the current buses will be created leaving enough space for twelve more buses if the need arises in future.
Can you calculate the number of buses that the company owns at present?
A brand new Mobile Phone was on sale at 20% as a promotional offer. By what per cent must the Mobile price be increased to sell it at the original price again?