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Investment / Re: Which Bank Is The Best To Bank With In Nigeria? by Vengeance: 4:52pm On Oct 06, 2014 |
Only one true competent bank exists in Nigeria and that's . . . Zenith Bank! The other wannabes are scum banks with deplorable repugnant services worse than the filthiest filth in the dirtiest feces-recycling-plant in the universe |
Business To Business / Re: Huggies Diapers Received Under False Pretence, Paid With Fake 100 Dollar Notes by Vengeance: 11:17am On Sep 12, 2014 |
Business 101: 1) unless you have a near-flawless fraud detection mechanism in place, all customer payments should be made to your bank account. This is a basic business policy that had you practiced it, you could never have been in the mess you're in now. As for the recovery, the SCID or SARS is your best bet; but nothing goes for nothing with either. Forget about 100% recovery, if you can reach a side deal with them, say maybe 70:30, you will likely get your money back sooner than later. 70% (or even 60% recovery) is better than no recovery at all. Business 101 : 2) minimize your losses... That said, wish you the best. Decide wisely! |
Nairaland / General / An Apocalyptical Cataclysmic Tsunami Is Going To Happen Soon by Vengeance: 5:27pm On Aug 11, 2014 |
An apocalyptical cataclysmic Tsunami is going to happen soon -maybe in a few weeks or months from now- sweeping catastrophically through a highly populous city; and don't ask me where, how or why. It can't be stopped and there will be too much destruction - oh poor humans I am not a seer, conjurer, sorcerer, prophet or of such likes. This is one hell of a science. I am Vengeance |
Education / Re: Solve This Simple Mathematics If You"are Smart by Vengeance: 5:48pm On Jul 21, 2014 |
McWhillion: I've this for you guys.... Let work to be done = W Let total duration of work = TD = 150 days = 150 * 24hrs = Let initial employees = IE = 75 Let work phase one = 90 days Let work time phase one per employee per day = WT1/E/D = 8hrs Work duration per employee per phase one = WD/E/1 = WT1/E/D * 90 = 8 * 90 = 720hrs = 30 days Total work duration per IE per phase one = TWD/IE/1 = WD/E/1 * 75 = 2250 days After 90days, workdone by 75 employees = 2W/7 => 2W/7 = 2250 days; W = 7875 days [Remainder work to be done / Phase two] Let balance days of work phase 2= BDW2 = 150 - 90 = 60 days Let remainder work to be done = RW Now, Remainder work to be done = 5W/7 = 5625 days Let WT2/E/D = 10hrs Let number of additional workers = AW = z Let total employees = TE = 75 + z Work duration per employee per phase 2 = WD/E/2 = WT2/E/D * BDW2 = 10 * 60 = 600hrs = 25 days => Total work duration per employee per TE per phase two = TWD/TE/2 = WD/E/2 * TE = 5625 days => 25 days * (75 + z) = 5625 days; 75 + z = 225; z = 225 - 75 = 150 Therefore additional workers required to finish the job done on schedule = 150 men |
Education / Re: Solve This Simple Mathematics If You"are Smart by Vengeance: 1:27pm On Jul 21, 2014 |
Solving problems accurately in Mathematics is about specificity. So @OP next time be specific about what kind of year because leap year considered makes a difference in result. Now, Let 1 year = 365 days Let annual salary = AS = X Let Ronaldo's annual salary = RAS = 150X Let Bale's annual salary = BAS = 100X Let Isco's annual salary = IAS = 75X Let Messi's annual salary = soccergod Let Annual tax = AT = 45% annual salary Ronaldo's annual tax = RAT = 45% of RAS = 0.45 * 150X = 67.5X 14weeks 5days = 103 days Messi annual salary = soccergod (in 365 days) If Messi earns 67.5X = 103days, Then 1 day = 67.5X /103 => 365 days = (67.5X / 103) * 365 = 239.19903X soccergod = 239.19903X = 239.20X (approx. 2 dp) Isco Annual tax = IAT = 45% of IAS = 0.45 * 75X = 33.75X Bale's Annual tax = BAT = 45% of BAS = 0.45 * 100X = 45X Messi Annual tax = Fuk-da-govt = 45% of soccergod = 0.45 * 239.20X = 107.64X Therefore, Take home 1) Ronaldo = 150X - 67.5X = 82.5X 2) Bale = 100X - 45X = 55X 3) Isco = 75X - 33.75X = 41.25X 4) Messi = 239.20X - 107.64X = 131.56X. 1 Like |
Education / Re: Not For The Weak Minds; Try This Quantitative Reasoning Question. by Vengeance: 12:24pm On Jul 21, 2014 |
Let total money = x Let initial price radio = IP Let original price radio = OP Let money taken to market = MM Let money left at home = MH Let final radio price = FRP Let markup price = MP = [14 2/7% of OP] Let total profit = TP = FRP - IP Kelly took 20% of x to market = MM = 0.2x IP is 25% higher than MM = (25% MM + MM) = ([0.25 X 0.2x] + 0.2x) = 0.25x FRP = 50% of MH MH = x - MM = x - 0.2x = 0.8x FRP = 50% 0.8x = 0.4x FRP = ([14 2/7% of OP] + OP) = 100/7% of OP + OP = OP/7 + OP = 8OP/7 FRP = 0.4x = 8OP/7 => OP = 2.8x/7 = 0.35x Therefore, 1) difference between OP and IP = 0.35x - 0.25x = 0.10x = [0.10x / x] X 100% = 10% of x (answer #1) 2) MP = [14 2/7% of OP] = OP/7 = 0.35x/7 = 0.05x (or FRP - OP = 0.4x - 0.35x = 0.05x) Total Profit = TP = FRP - IP = 0.4x - 0.25x = 0.15x Since MP = 0.05x, => TP = 0.15x / 0.05x X 100% = 300% of MP; And MP = 33.33...% of TP (answer #2) |
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