Avinash, Bala and Chandran invested Rs.45,000/-, Rs. 70, 000/- and Rs. 90,000/- respectively to start a business. At the end of two years, they earned a profit of Rs.1,64,000/-. What will be Bala’s share in the profit? a) Rs.56, 000/- b) Rs.46, 000/- c) Rs. 50, 000/- d) Rs.75, 000/- e) None of these

Avinash, Bala and Chandran invested Rs.45,000/-, Rs. 70, 000/- and Rs. 90,000/- respectively to start a business. At the end of two years, they earned a profit of Rs.1,64,000/-. What will be Bala’s share in the profit?
a) Rs.56, 000/-
b) Rs.46, 000/-
c) Rs. 50, 000/-
d) Rs.75, 000/-
e) None of these
by

1 Answer

Answer :

Profit sharing ratio of Avinash,Bala & Chandran = 45000 : 70000 : 90,000
= 45 : 70 : 90
= 9 : 14 : 18
Bala's share of profit after two year
=Rs.164000 × 14 × 41
= Rs. 4000 ×14
= Rs. 56000
Answer: a)
by

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Mr. Xavier invested a certain amount in Debit and Equity funds in the ratio of 4 : 5 respectively. At the end of one year, he earned a total dividend of 30% on his investment. After one year he reinvested the amount including dividend in the ratio of 6 : 7 in Debt and Equity Funds. If the amount reinvested in Equity Funds was Rs. 94,500/-, what was the original amount invested in Equity Funds? (a) Rs. 75,000/- (b) Rs. 81,000/- (c) Rs. 60,000/- (d) Rs. 65,000/- (e) None of these

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Description : Mr. Sathyan invested Rs.20, 000/- with rate of interest@20 p.c.p.a. The interest was compounded half yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years? a) Rs.7600 b) Rs. 9040 c) Rs. 8750 d) Rs. 6900

Last Answer : Total interest = 20000 × 110/100 × 110/100 × 120/100 - 20000 = 29040 - 20000= Rs. 9040 Answer: b)

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Last Answer : Answer: B (Rs. 3600) Explanation: A:B: C = 16000 x3 + 11000×9:12000 x 3 + 17000 x 9:21000 x 6 = 147:189:126 = 7:9:6 Difference of B and C’s shares = Rs. [26400 x (9/22) — 26400 x (6/22)) = Rs. 3600.

Anu and Banu invested rupees Rs.26000 and Rs.22000 respectively. Anu being an active partner will get Rs.350 every month extra for running the business. In two years if Anu receives a total of Rs. 18000, then what is profit earned by Banu in two years. A) 2200 B) 3300 C) 4400 D) None

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Last Answer : Answer: C)  Profit ratio at Anu &Banu is ,  Anu: Banu=26000 :22000.  Anu :Banu =13:11  Anu being an active e partner will get Rs 350 / every month. 2 years receive = Rs. 8400 Balance amount of Anu =18000 -8400 = 9600 Profit gained Banu in 2 years =9600/24 *11 = Rs.4400

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Last Answer : Answer: C) Profit ratio of Mahesh: Devi =20979 :22977=:21:23 Devi is an active partner will get Rs,750/month For 18 months ,she receives Rs.13500 Balance amount of Devi =18250 -13500 =Rs 4750 ... =4750/23 *21 =Rs.4337 Total profit earned by both in one &half years =18250+4337 =Rs 22587

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The average weight of a group of 75 women was calculated as 47 kg. It was later discovered that the weight of one of the women was read as 45 kg, whereas her actual weight was 25kg. What is the actual average weight of the group of 75 women? (rounded off to two digits after decimal) (a) 46.73 kg (b) 46.64 kg (c) 45.96 kg (d) Cannot be determined (e) None of these

Description : The average weight of a group of 75 women was calculated as 47 kg. It was later discovered that the weight of one of the women was read as 45 kg, whereas her actual weight was 25kg. What is the actual average weight ... kg (b) 46.64 kg (c) 45.96 kg (d) Cannot be determined (e) None of these

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In a business P and R invested amounts in the ratio 2 : 1, whereas the ratio between amounts invested by P and Q was 3 : 2 . If Rs. 2,236 was their profit, how much amount did Q receive ? A.Rs.650 B.Rs.688 c.Rs.588 D.Rs.490

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Two trains are moving in opposite directions at 60 km/hr and 90 km/hr. Their lengths are 1.10 km and 0.9 km respectively. The time taken by the slower train to cross the faster train in seconds is: A.58 sec B.50 sec C.48 sec D.56 sec E.None of these

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Akbar and Birbal started a business with investments of Rs.30000 and Rs.40000 respectively. At the end of the one year, they gave 10% of the total profit of Rs.7000 to charity. Find the difference in the profit of shares of both out of the remaining profit (in Rs.) a)600 b)900 c)500 d)8001

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A person sold an item for Rs. 14280 after giving 15% discount on the labelled price and earned 19% profit on the cost price. What would have been the percentage profit, had he not given the discount? a) 30% b) 34% c) 40% d) 42.5% e) None of these

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Last Answer : Labelled price = [(14280×100)/85] = Rs. 16800 Or, 23X/120 = 69/5 Or, X= [(69×120)/(23×5)] = 72km. Answer is: c)

The profit earned after selling a Laptop for Rs.1,754/- is the same as loss incurred after selling the article for Rs.1,492/-. What is the cost price of the article? a) Rs. 1,239/- b) Rs. 1,456/- c) Rs. 1,786/- d) Rs. 1,623/- e) Rs. 1,345/-

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Last Answer : Let the C.P. of a Laptop = Rs. x 1754 - x = x - 1492 2x = 3246 x = 3246 / 2 = 1623 Answer: d)

Meeta purchased 35 rings at the rate of Rs. 160 per ring. At what rate per ring should she sell it so that profit earned is 20%? (a) Rs. 180 (b) Rs. 186 (c) Rs. 192 (d) Rs. 194 (e) Rs. 200

Description : Meeta purchased 35 rings at the rate of Rs. 160 per ring. At what rate per ring should she sell it so that profit earned is 20%? (a) Rs. 180 (b) Rs. 186 (c) Rs. 192 (d) Rs. 194 (e) Rs. 200

Last Answer : (c) Rs. 192

A, B and C are 3 partners in a business. Their investments are respectively Rs 2000, Rs 4,000 and Rs 3,000. A gets 30% of total profit for managing the business. The remaining profit is divided among them in the ratio of their investments. At the end of the year, the profit of Ais Rs 1100 less than the sum of the profit of B and C. What amount of income will C get? A) Rs 2100.75 B) Rs 2887.5 C) Rs 2705.75 D) Rs 2546.25

Description : A, B and C are 3 partners in a business. Their investments are respectively Rs 2000, Rs 4,000 and Rs 3,000. A gets 30% of total profit for managing the business. The remaining profit is divided among them in the ratio ... of income will C get? A) Rs 2100.75 B) Rs 2887.5 C) Rs 2705.75 D) Rs 2546.25

Last Answer : Answer: B) The ratio of profit of A, B and C is 2000:4000:3000=2:4:3. Let the annual profit be P. Then, A will get 0.3p for managing the business. And, remaining 0.7p will be distributed in the ratio of their ... ⇒ 7/9 0.7p−2/9 0.7p−0.3p=1100 ⇒ p=12,375 So, C's share=3/9 0.7p=Rs 2887.5

Tonu started a business investing Rs. 90,000. After 3 months, reetu joined him with a capital of Rs. 1,20,000. After 6 months, shalu joined them with a capital of Rs.1,80,000. At the end of the year, they made a profit of Rs.33000. find the share of shalu. A) 13200 B) 6600 C) 7500 D) 12000

Description : Tonu started a business investing Rs. 90,000. After 3 months, reetu joined him with a capital of Rs. 1,20,000. After 6 months, shalu joined them with a capital of Rs.1,80,000. At the end of the year, they made a profit of Rs.33000. find the share of shalu. A) 13200 B) 6600 C) 7500 D) 12000

Last Answer : Answer: B) Ratio of their capitals = (90000*12):(1,20,000*9): (1,80,000*3) = 2:2:1 Tonu’s share = Rs(33000*2/5) = Rs.13200 Reetu’s share = Rs(33000*2/5) = Rs.13200 Shalu’s share = Rs(33000*1/5) = Rs.6600

A and B enter into a partnership. A contributes Rs. 16,000 and B Rs. 12,000. At the end of 6 months C joins them with a capital of Rs. 20,000. In what ratio should they divide their annual profit? a) 8:6:5 b) 4 :3 :5 c) 5:6:8 d) 5:3:4 e) 5:7:8

Description : A and B enter into a partnership. A contributes Rs. 16,000 and B Rs. 12,000. At the end of 6 months C joins them with a capital of Rs. 20,000. In what ratio should they divide their annual profit? a) 8:6:5 b) 4 :3 :5 c) 5:6:8 d) 5:3:4 e) 5:7:8

Last Answer : a) 8:6:5

P, Q and R jointly thought of engaging themselves in a business venture. It was agreed that P would invest Rs. 3250 for 6 months, Q, Rs. 4200 for 5 months and R, Rs. 5,000 for 3 months. P wants to be the working member for which, he was to receive 10% of the profits. The profit earned was Rs. 3700. Calculate the share of Q in the profit. A) Rs. 1800 B) Rs. 1260 C) Rs. 1580 D) Rs. 1940

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Last Answer : Answer: B) For managing, P received = 10% of Rs. 3700 = Rs. 370. Balance = Rs. (3700 - 370) = Rs. 3330. Ratio of their investments = (3250 x 6) : (4200 x 5) : (5000 x 3)  = 19500 : 21000 : 15000  = 13 : 14 : 10 Q's share = Rs. 3330x 14 / 37 = Rs. 1260

Manish purchased 25 kg of rice @ Rs32 per kg and 15 kg of rice @ Rs 36 per kg. He mixed the two varieties of rice and sold it @ Rs 40.20 per kg. What is the percent profit earned? 1. 25 2. 40 3. 30 4. 20

Description : Manish purchased 25 kg of rice @ Rs32 per kg and 15 kg of rice @ Rs 36 per kg. He mixed the two varieties of rice and sold it @ Rs 40.20 per kg. What is the percent profit earned? 1. 25 2. 40 3. 30 4. 20

Last Answer : 4. 20

Amit sold an article for Rs 630 and earned a profit of 20%. Find the cost price for Amit. 1. Rs 555 2. Rs 535 3. Rs 552 4. Rs 525

Description : Amit sold an article for Rs 630 and earned a profit of 20%. Find the cost price for Amit. 1. Rs 555 2. Rs 535 3. Rs 552 4. Rs 525

Last Answer : 4. Rs 525

Anwar and Bhaskar started a business with investments of Rs.15000 and Rs.24000. At the end of 4 months from the start of the business, both withdrew one-third of their respective capital. Find the ratio of their profits in the total profit at the end of one year. a)1:2 b)3:4 c)4:5 d)5:8

Description : Anwar and Bhaskar started a business with investments of Rs.15000 and Rs.24000. At the end of 4 months from the start of the business, both withdrew one-third of their respective capital. Find the ratio of their profits in the total profit at the end of one year. a)1:2 b)3:4 c)4:5 d)5:8

Last Answer : d)5:8

A shirt was sold at a profit of Rs.50. If a trouser was sold at half the profit percentage and the cost price of the trouser is thrice that of shirt, find the profit made on the trouser (in.Rs.) a)25 b)50 c)75 d)100

Description : A shirt was sold at a profit of Rs.50. If a trouser was sold at half the profit percentage and the cost price of the trouser is thrice that of shirt, find the profit made on the trouser (in.Rs.) a)25 b)50 c)75 d)100 

Last Answer : c)75

Gross assets are Rs.1,01,000, fictitious assets Rs.350 are included in the gross assets. External liabilities are Rs.7,500. 6% prefer share capital is Rs.45,000. Equity capital is 4,500 equity shares of Rs.10 each fully paid. Average expected profit is Rs.8,500. Transfer to reserves is 10%. Pref. dividend is payable. NRR is 9%. The Net Asset Value Per share is A Rs.11 B Rs.10.70 C Rs.15 D Rs.20s

Description : Gross assets are Rs.1,01,000, fictitious assets Rs.350 are included in the gross assets. External liabilities are Rs.7,500. 6% prefer share capital is Rs.45,000. Equity capital is 4,500 equity shares of Rs.10 each fully ... . The Net Asset Value Per share is A Rs.11 B Rs.10.70 C Rs.15 D Rs.20

Last Answer : Rs.10.70

A and B started a business jointly. A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs.4000 as profit, then their total profit is : a) Rs.16,000 b) Rs.20,000 c) Rs.24,000 d) Rs.28,000 e) None of these

Description : A and B started a business jointly. A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs.4000 as profit, then their total profit is : a) Rs.16,000 b) Rs.20,000 c) Rs.24,000 d) Rs.28,000 e) None of these

Last Answer : Suppose B invested Rs. x for y months. Then, A invested Rs.3x for 2y months. So, A : B = (3x × 2y) : (x × y) = 6xy : xy = 6 : 1 So, B’s profit : total profit = 1 : 7 Let the total profit be Rs. x. Then, 1 / 7 = 40000 / x Or x = 28000. Answer: d)

The summarized balance sheet of Rakesh udyog Limited shows the balances of previous and current year of provision for taxation Rs. 50,000 and Rs. 65,000. If taxed paid during the current year amounted to Rs. 70,000 then amount charge from Profit and Loss Account will be: (a) Rs. 55,000 (b) Rs. 85,000 (c) Rs. 45,000 (d) Rs. 1,85,000

Description : The summarized balance sheet of Rakesh udyog Limited shows the balances of previous and current year of provision for taxation Rs. 50,000 and Rs. 65,000. If taxed paid during the current year amounted to Rs. 70,000 then amount charge ... a) Rs. 55,000 (b) Rs. 85,000 (c) Rs. 45,000 (d) Rs. 1,85,000

Last Answer : (b) Rs. 85,000

Assume postal rates for 'light letters' are: $0.25 up to 10 grams; $0.35 up to 50 grams; $0.45 up to 75 grams; $0.55 up to 100 grams. Which test inputs (in grams) would be selected using boundary value analysis? A. 0, 9,19, 49, 50, 74, 75, 99,100 B. 10, 50, 75,100, 250, 1000 C. 0, 1,10,11, 50, 51, 75, 76,100,101 D. 25, 26, 35, 36, 45, 46, 55, 56

Description : Assume postal rates for 'light letters' are: $0.25 up to 10 grams; $0.35 up to 50 grams; $0.45 up to 75 grams; $0.55 up to 100 grams. Which test inputs (in grams) would be selected using boundary value analysis? A. 0, 9,19, ... C. 0, 1,10,11, 50, 51, 75, 76,100,101 D. 25, 26, 35, 36, 45, 46, 55, 56

Last Answer : C. 0, 1,10,11, 50, 51, 75, 76,100,101

In a business, X,Y and Z inversed Rs.20,000/-,Rs.30,000/- and Rs.40,000/- respectively. After 1 year X adds Rs.10000/- to the initial investment.Y and Z withdrew Rs.10000/- and Rs.15,000/- respectively. After 2 years the total profit is Rs.9900/-. What is X’s share?. A) 3000 B) 2700 C) 3600 D) 4000

Description : In a business, X,Y and Z inversed Rs.20,000/-,Rs.30,000/- and Rs.40,000/- respectively. After 1 year X adds Rs.10000/- to the initial investment.Y and Z withdrew Rs.10000/- and Rs.15,000/- respectively. After 2 years the total profit is Rs.9900/-. What is X’s share?. A) 3000 B) 2700 C) 3600 D) 4000

Last Answer : Answer: A)  X's Share = Rs.20000/- per first 1 year, Next year 10000/- added = Rs.20000/- 1 + Rs.30000/- 1 = Rs.50000/- Y's Share = Rs.30000/- per first 1 year, Next year 10000/- reduced = Rs.30000 ... /-  1 part------> Rs300/- Then, X's share is 10 parts = Rs.300/- 10 parts = Rs.3000/-

The profit made by David in selling his calculator for Rs.400 would be the same as the loss he would have made in selling it at a 25% loss. If he sold his calculator after offering a discount of Rs.100, find the percentage at which he marked it above the cost price. a)56.25% b)62.5% c)60% d)50%

Description : The profit made by David in selling his calculator for Rs.400 would be the same as the loss he would have made in selling it at a 25% loss. If he sold his calculator after offering a discount of Rs.100, find the percentage at which he marked it above the cost price. a)56.25% b)62.5% c)60% d)50%

Last Answer : a)56.25%

A shopkeeper marked a suit at Rs.400. He sold it after allowing a discount, and still made at a profit of 25%. At what percentage above its cost price did he marked the suit, if he sold it for Rs.320? a)50% b)66 2/3% c)62 1/2% d)56 1/4%

Description : A shopkeeper marked a suit at Rs.400. He sold it after allowing a discount, and still made at a profit of 25%. At what percentage above its cost price did he marked the suit, if he sold it for Rs.320? a)50% b)66 2/3% c)62 1/2% d)56 1/4%

Last Answer : d)56 1/4%

Profit earned by an corporation is distributed among total officers and clerks in the ratio of 7:5 respectively. If the number of officers is 60 and the number of clerks is 100 and the amount received by an each officer is Rs.35,000. What was the total amount of profit earned?

Description : Profit earned by an corporation is distributed among total officers and clerks in the ratio of 7:5 respectively. If the number of officers is 60 and the number of clerks is 100 and the amount received by an each officer is Rs.35,000. What was the total amount of profit earned?

Last Answer : The total amount distributed among 60 officers=35000*60 = 21,00,000  Let the total amount distributed to 100 clerks be ‘Y’  Then 21,00,000/Y = 7/5  Y = 15,00,000  Therefore total profit = 21,00,000 + 15,00,000 = 36 lakhs

X invested three- nineth, Y invested three-seventh of the remaining and Zth remaining. If Y earned Rs.840 as profit pr each year. Find the average monthly profit of all. A) 510 B) 490 C) 630 D) 370

Description : X invested three- nineth, Y invested three-seventh of the remaining and Zth remaining. If Y earned Rs.840 as profit pr each year. Find the average monthly profit of all. A) 510 B) 490 C) 630 D) 370 

Last Answer : Answer: B) Let total amount puts by X, Y& Z be P X's investment = 3/9 P Balance investment =6/9 p Y's investment =6/9*P*3/7=2/7 P Remaining investment =8 p/21 =Z's amounts Profit ratio ... :6:8 1month share =840/12=Rs .70 Average monthly profit of X, Y, Z=70/3 *21 =Rs.490

The average daily wages of 450 workers in a factory is Rs.45/- and the average daily wages of 340 workers in another factory is Rs.60/-.What is the approximate average daily wages of workers from both the factories together? a) Rs.61 b) Rs.59 c) Rs.70 d) Rs.51 e) Rs.60

Description : The average daily wages of 450 workers in a factory is Rs.45/- and the average daily wages of 340 workers in another factory is Rs.60/-.What is the approximate average daily wages of workers from both the factories together? a) Rs.61 b) Rs.59 c) Rs.70 d) Rs.51 e) Rs.60

Last Answer : Total wages of a factory =450 x 45= Rs. 20250/ Total wages of another factory = 340 x 60 = Rs. 20400 Total average = 20250 + 20400/450 + 340 = 40650/790 = 51.46 = Rs. 51 Answer: d)

P and Q invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and P’s share is Rs. 855, the total profit is: A.Rs. 1435 B.Rs. 1500 C.Rs. 1538 D.Rs. 1580

Description : P and Q invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and P’s share is Rs. 855, the total profit is: A.Rs. 1435 B.Rs. 1500 C.Rs. 1538 D.Rs. 1580

Last Answer : Answer- B (Rs.1500) Explanation: Let the total profit be Rs. 100. After paying to charity, A’s share = Rs. 95 x 3/5 = Rs. 57. If A’s share is Rs. 57, total profit = Rs. 100. If A’s share Rs. 855, total profit =(100/57) x 855 = 1500.

Two people abi and krish invested in a business with 7 lakh and 8 lakh rupees respectively. They agree that 46% of the profit should be divided equally among them and rest is divided between them according to their investment. If krish got Rs. 2100 more than abi, Then the total profit is, A) 55000 B) 56000. C) 58333 D) None

Description : Two people abi and krish invested in a business with 7 lakh and 8 lakh rupees respectively. They agree that 46% of the profit should be divided equally among them and rest is divided between them according to their ... more than abi, Then the total profit is, A) 55000 B) 56000. C) 58333 D) None

Last Answer : Answer: C)  Ratio of profit abi and krish is,  =>7:8  46% of then profit should be divided equally among them, remaining share is 54% of x  Abi share =54/100 * x * 7/15  Krish share =54/100 * x* 8/15  54/100 * x * 8/15 - 54/100 * x* 7/15 =2100  X =58333

Three friends started a Company, let there names are P, Qand R. What profit Q will get, if, 1. R invested Rs. 4000 for nine months, his profit was 3/2 times that of Q's and his investment was four times that of P. 2. P and Q invested for one year in the proportion 1 : 2 respectively. 3. The three together got Rs. 500 as profit at the year end. A) Only 1 and 3 B) Only 1 and 2 C) All 1, 2 and 3 D) None of above

Description : Three friends started a Company, let there names are P, Qand R. What profit Q will get, if, 1. R invested Rs. 4000 for nine months, his profit was 3/2 times that of Q's and his investment was four times that of P. 2. ... year end. A) Only 1 and 3 B) Only 1 and 2 C) All 1, 2 and 3 D) None of above

Last Answer : Answer: C) 1 and 2 will give : R = Rs. (4000 x 9) for 1 year = Rs. 36000 for 1 year. P = Rs. (1/4 * 4000 * 12 ) for 1 year = Rs 12000 for 1 year Q = Rs 24000 for one year R:P:Q = ... Profit = 500 Now from the ratio and total profit we can get Share of R. R share will be = 500 * 2/6 = 166.66

Arun started a business with Rs. 40,000 and is joined afterwards by Arul with Rs.60, 000. After how many months did Arul join if the profits at the end of the year are divided equally? a) 3 b) 4 c) 5 d) 6 e) 2

Description : Arun started a business with Rs. 40,000 and is joined afterwards by Arul with Rs.60, 000. After how many months did Arul join if the profits at the end of the year are divided equally? a) 3 b) 4 c) 5 d) 6 e) 2

Last Answer : b Suppose, Arul joined after x months.  Then, 40000 * 12 = 60000 * (12 – x) => 48 = 72 - 6x => 6x = 24 → x = 4