Here are the solutions to the questions:
1. Set Theory Problem
Given:
Total students, n(U)=120
Students who liked cricket, n(C)=60
Students who liked basketball, n(B)=55
Students who did not like any of the two games, n(C∪B)′=20
a) If C and B denote the sets of students who liked cricket and basketball game respectively, write the cardinality of n(B∪C).
We know that n(U)=n(C∪B)+n(C∪B)′.
120=n(C∪B)+20
n(C∪B)=120−20
n(C∪B)=100
The cardinality of n(B∪C) is ∗100∗.
b) Present the above information in a Venn-diagram.
First, find the number of students who liked both games, n(C∩B).
We use the formula: n(C∪B)=n(C)+n(B)−n(C∩B).
100=60+55−n(C∩B)
100=115−n(C∩B)
n(C∩B)=115−100
n(C∩B)=15
Now, find the number of students who liked cricket only, n0(C).
n0(C)=n(C)−n(C∩B)=60−15=45
And the number of students who liked basketball only, n0(B).
n0(B)=n(B)−n(C∩B)=55−15=40
The Venn diagram is as follows:
(Imagine two overlapping circles. The left circle represents Cricket (C), the right circle represents Basketball (B). The overlapping region is C∩B. The rectangle enclosing both circles represents the Universal set (U).)
• In the region for C only: 45
• In the region for B only: 40
• In the intersection region (C∩B): 15
• Outside both circles (neither liked): 20
c) Find the number of students who liked cricket only.
The number of students who liked cricket only is n0(C).
n0(C)=n(C)−n(C∩B)=60−15=45
The number of students who liked cricket only is ∗45∗.
d) Compare the number of students who liked both cricket and basketball and who liked except these two games.
Number of students who liked both cricket and basketball, n(C∩B)=15.
Number of students who liked neither of the two games, n(C∪B)′=20.
Comparing these two values: 20>15.
Therefore, the number of students who liked neither game is greater than the number of students who liked both games.
2. Simple and Compound Interest Problem
Given:
Principal, P=Rs.60,000
Time, T=2 years
Rate, R=10% p.a.
a) Define compound interest.
Compound interest is the interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan. It is often referred to as "interest on interest."
b) Find the compound interest received by Bijaya after 2 years.
Step 1: Calculate the amount (A) using the compound interest formula.