To solve the problem, we need to find the original number based on the given conditions and then calculate three-tenth of that number. Let's break this down step-by-step.
Step 1: Understanding the problem statement
We are given that one third of one-fourth of a number is 15. Let the number be \(x\).
Step 2: Set up the equation
The problem states:
One third of one-fourth of \(x\) is 15.
In equation form, this can be expressed as:
\(\frac{1}{3} \times \frac{1}{4} \times x = 15\)
Step 3: Solve for \(x\)
First, multiply the fractions:
\(\frac{1}{3} \times \frac{1}{4} = \frac{1}{12}\)
So, the equation becomes:
\(\frac{1}{12} \times x = 15\)
To solve for \(x\), multiply both sides by 12:
\(x = 15 \times 12\)
\(x = 180\)
Step 4: Calculate three-tenth of the number
Now that we have the original number as 180, we need to calculate three-tenth of this number:
\(\frac{3}{10} \times 180\)
Multiply:
\(= 54\)
Thus, three-tenth of the number is 54. Therefore, the correct answer is:
54
Conclusion: After following the steps to solve the equation and then finding three-tenth of the number, we confirmed that the correct answer is 54.
Venture Capital financing is _______
(A) Type of financing by venture capital.
(B) It is private equity capital provided as seed funding to early stage.
(C) Investment in blue chip companies for assured return.
(D) It is a high risk investment made with an intention of creating high returns.
(E) Done in technology projects only.
Choose the correct answer from the options given below :