Minimum amount that can be invested in Kisan Vikas Patra(KVP) Certificate is _________ A. Rs.100 B. Rs.200 C. Rs.500 D. Rs.1000

Minimum amount that can be invested in Kisan Vikas Patra(KVP) Certificate is _________ A. Rs.100 B. Rs.200 C. Rs.500 D. Rs.1000
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D. Rs.1000 Explanation: KVP certificates are available in the denominations of Rs 1000, Rs 5000, Rs 10000 and Rs 50000. The minimum amount that can be invested is Rs 1000. However, there is no upper limit on the purchase of KVPs.
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The amount invested in Kisan Vikas Patra(KVP) would get doubled in ________ months. A. 100 B. 105 C. 110 D. 115

Description : The amount invested in Kisan Vikas Patra(KVP) would get doubled in ________ months. A. 100 B. 105 C. 110 D. 115

Last Answer : C. 110 Explanation: The amount invested in Kisan Vikas Patra would get doubled in 110 months or nine years and two months. The interest rate of KVP is 7.8 per cent annually.

When a corporate entity wishes to raise money from the market it can do that by issuing A. Treasury Bills B. Kisan Vikas Patra C. National Savings Certificate D. Commercial Papers E. None of the Above

Description : When a corporate entity wishes to raise money from the market it can do that by issuing A. Treasury Bills B. Kisan Vikas Patra C. National Savings Certificate D. Commercial Papers E. None of the Above

Last Answer : D. Commercial Papers Explanation: Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories and meeting short-term liabilities.

An HFC is required to have Minimum net owned fund of ______ A. Rs. 100 lakhs B. Rs. 200 lakhs C. Rs. 500 lakhs D. Rs. 1000 lakhs E. None of the Above

Description : An HFC is required to have Minimum net owned fund of ______ A. Rs. 100 lakhs B. Rs. 200 lakhs C. Rs. 500 lakhs D. Rs. 1000 lakhs E. None of the Above

Last Answer : D. Rs. 1000 lakhs Explanation: For commencing the housing finance business, an HFC is required to have the following in addition to the requirements under the Companies Act, 1956: ♦ Certificate of registration from NHB ♦ Minimum net owned fund of Rs. 1000 lakhs

Kissan Vikas patra discontinued from a) 01 Nov 11 b) 15 Nov 11 c) 01 Dec 11 d) 01 Jan 12

Description : Kissan Vikas patra discontinued from a) 01 Nov 11 b) 15 Nov 11 c) 01 Dec 11 d) 01 Jan 12

Last Answer : c) 01 Dec 11

Minimum paid-up capital of small finance banks is _______ A. 100 crore B. 200 Crore C. 500 crore D. 1000 crore E. None of the Above

Description : Minimum paid-up capital of small finance banks is _______ A. 100 crore B. 200 Crore C. 500 crore D. 1000 crore E. None of the Above

Last Answer : A. 100 crore Explanation: Minimum paid-up capital of small finance banks is Rs.100 crore.

What is the initial minimum paid-up equity capital required for new on-tap license to set up private bank as announced by RBI? A) Rs 5 crore B) Rs 100 crore C) Rs 500 crore D) Rs 50 crore E) Rs 200 crore

Description : What is the initial minimum paid-up equity capital required for new on-tap license to set up private bank as announced by RBI? A) Rs 5 crore B) Rs 100 crore C) Rs 500 crore D) Rs 50 crore E) Rs 200 crore

Last Answer : C) Rs 500 crore Explanation: The Reserve Bank of India released norms for on-tap permits for private sector banks and said the validity of the in-principle approval issued by the RBI will be 18 months from the date of granting in-principle approval.

Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of _______ A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. Rs.300 Crore E. None of the Above

Description : Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of _______ A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. Rs.300 Crore E. None of the Above

Last Answer : D. Rs.300 Crore Explanation: Infrastructure Finance Company (IFC) is a non-banking finance company has a minimum Net Owned Funds of Rs.300 Crore.

All MOs including VPMO will be treated a high value MO a) For an amount of Rs 200/- and above b) For an amount of Rs 500/- and above c) For an amount of Rs 1000/- and above d) For an amount of Rs 400/- and above

Description : All MOs including VPMO will be treated a high value MO a) For an amount of Rs 200/- and above b) For an amount of Rs 500/- and above c) For an amount of Rs 1000/- and above d) For an amount of Rs 400/- and above

Last Answer : d) For an amount of Rs 400/- and above

Companies having net worth in excess of Rs.______ crore are covered at the first phase. a. Rs.1000 Crores b. Rs. 500 Crores c. Rs. 200 Crores d. Rs. 100 Crores

Description : Companies having net worth in excess of Rs.______ crore are covered at the first phase. a. Rs.1000 Crores b. Rs. 500 Crores c. Rs. 200 Crores d. Rs. 100 Crores

Last Answer : a. Uniformity

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

Description : 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 ... . 81,000/- (c) Rs. 60,000/- (d) Rs. 65,000/- (e) None of these

Last Answer : (a) Rs. 75,000/-

An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by the investor? A. Rs. 5, 94,550 B. Rs. 5, 80,425 C. Rs. 5, 77,800 D. Rs. 5, 77,500 E. None of these

Description : An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by ... . 5, 80,425 C. Rs. 5, 77,800 D. Rs. 5, 77,500 E. None of these

Last Answer : B. Rs. 5, 80,425

Determine the amount that is to be invested in Rs.200 shares available at a premium of Rs.40, so that the annual income earned is Rs.4800 from the inv

Description : Determine the amount that is to be invested in Rs.200 shares available at a premium of Rs.40, so that the annual income earned is Rs.4800 from the inv

Last Answer : Determine the amount that is to be invested in Rs.200 shares available at a premium of Rs.40, ... the investment if the dividend offered is `12%`.

An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment was? A. Rs. 2, 96,200 B. Rs. 2, 42,200 C. Rs. 2, 25,600 D. Rs. 2, 16,000 E. None of these

Description : An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment ... 2, 42,200 C. Rs. 2, 25,600 D. Rs. 2, 16,000 E. None of these

Last Answer : C. Rs. 2, 25,600

What is minimum balance should remain in a savings account with cheque book after withdrawal? a) Rs 50/- b) Rs 500/- c) Rs 1000/- d) Rs 100/

Description : What is minimum balance should remain in a savings account with cheque book after withdrawal? a) Rs 50/- b) Rs 500/- c) Rs 1000/- d) Rs 100/

Last Answer : b) Rs 500/

What is minimum balance should remain in a savings account without cheque account after withdrawal? a) Rs 50/- b) Rs 500/- c) Rs 1000/- d) Rs 100/

Description : What is minimum balance should remain in a savings account without cheque account after withdrawal? a) Rs 50/- b) Rs 500/- c) Rs 1000/- d) Rs 100/

Last Answer : a) Rs 50/

A minimum yearly deposit of ________ is required to open and maintain a PPF account, and a maximum deposit of _____. A. Rs. 500 and Rs 1.50 lakhs B. Rs. 1000 and Rs 2.50 lakhs C. Rs. 2000 and Rs 3.50 lakhs D. Rs. 5000 and Rs 4.50 lakhs

Description : A minimum yearly deposit of ________ is required to open and maintain a PPF account, and a maximum deposit of _____. A. Rs. 500 and Rs 1.50 lakhs B. Rs. 1000 and Rs 2.50 lakhs C. Rs. 2000 and Rs 3.50 lakhs D. Rs. 5000 and Rs 4.50 lakhs

Last Answer : A. Rs. 500 and Rs 1.50 lakhs Explanation: A minimum yearly deposit of Rs. 500 is required to open and maintain a PPF account, and a maximum deposit of Rs.1.5 lakhs (as on Financial year 2015- ... Income Tax Act. The amount can be deposited in lump sum or in a maximum of 12 instalments per year.

The seed capital of Bharatiya Mahila Bank is ________ A. Rs.5000 crore B. Rs.1000 crore C. Rs.500 crore D. Rs.100 crore E. None of the above

Description : The seed capital of Bharatiya Mahila Bank is ________ A. Rs.5000 crore B. Rs.1000 crore C. Rs.500 crore D. Rs.100 crore E. None of the above

Last Answer : B. Rs.1000 crore Explanation: Bharatiya Mahila Bank (BMB) is an Indian financial services banking company based in New Delhi, India. India is the third country in the world to have a bank especially for women, after Pakistan and Tanzania.The Bank‘s initial capital consists of Rs 1,000 crores.

Naresh invested a certain amount of money in Rs. 100 shares at a discount of Rs. 20 paying a dividend of 7%, while Sahil invested an equal amount in R

Description : Naresh invested a certain amount of money in Rs. 100 shares at a discount of Rs. 20 paying a dividend of 7%, while Sahil invested an equal amount in R

Last Answer : Naresh invested a certain amount of money in Rs. 100 shares at a discount of Rs. 20 paying a dividend ... 10 paying a dividend of 8%. Who earns more ?

As per the licensing norms of RBI, a new bank must have a _______ capital A. 200 Crore B. 100 Crore C. 1000 Crore D. 500 Crore E. None of the Above

Description : As per the licensing norms of RBI, a new bank must have a _______ capital A. 200 Crore B. 100 Crore C. 1000 Crore D. 500 Crore E. None of the Above

Last Answer : D. 500 Crore Explanation: The RBI licensing norms stipulate that a new bank must have Rs.500 crore capital.

NBFCs whose asset size is of _____ or more as per last audited balance sheet are considered as systemically important NBFCs. A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. All of the Above E. None of the Above

Description : NBFCs whose asset size is of _____ or more as per last audited balance sheet are considered as systemically important NBFCs. A. Rs.100 Crore B. Rs.200 Crore C. Rs.500 Crore D. All of the Above E. None of the Above

Last Answer : C. Rs.500 Crore Explanation: NBFCs whose asset size is of Rs.500 Crore or more as per last audited balance sheet are considered as systemically important NBFCs.

What is minimum amount may be withdrawn by a cheque from a cheque saving account? a) Rs 500/- b) Rs 100/- c) Rs 100/- d) Rs 20/

Description : What is minimum amount may be withdrawn by a cheque from a cheque saving account? a) Rs 500/- b) Rs 100/- c) Rs 100/- d) Rs 20/

Last Answer : d) Rs 20/

Authorised capital of National Payments Corporation of India (NPCI) is _________ and paid up capital is _______ A. Rs 300 crore and Rs 100 crore B. Rs 350 crore and Rs 50 crore C. Rs 200 crore and Rs 100 crore D. Rs 100 crore and Rs 50 crore

Description : Authorised capital of National Payments Corporation of India (NPCI) is _________ and paid up capital is _______ A. Rs 300 crore and Rs 100 crore B. Rs 350 crore and Rs 50 crore C. Rs 200 crore and Rs 100 crore D. Rs 100 crore and Rs 50 crore

Last Answer : A. Rs 300 crore and Rs 100 crore Explanation: National Payments Corporation of India (NPCI) was incorporated in December 2008 and the Certificate of Commencement of Business was issued in ... dimension and operate on high volume resulting payment services at fraction of the present cost structure.

What is the minimum initial deposit required for opening a Basic Savings Bank Deposit Account(BSBDA)? A. 500 B. 1000 C. 100 D. No initial deposit

Description : What is the minimum initial deposit required for opening a Basic Savings Bank Deposit Account(BSBDA)? A. 500 B. 1000 C. 100 D. No initial deposit

Last Answer : D. No initial deposit Explanation: There is no requirement for any initial deposit for opening a BSBDA.

What is the minimum limit in reinvestment deposits? A. 100 B. 500 C. 1000 D. 5000

Description : What is the minimum limit in reinvestment deposits? A. 100 B. 500 C. 1000 D. 5000

Last Answer : C. 1000 Explanation: E. None of the Above The minimum deposit amount is Rs. 1,000/-. Initially deposits should be made only in multiples of Rs. 100/-. Renewals can be made in any amount.

If minimum Rs.1000 is not deposited in Sukanya Samriddhi Account in a financial year, account will become discontinued and can be revived with a penalty of _______ per year. A. Rs.50 B. Rs.100 C. Rs.25 D. Rs.75 E. Rs.125

Description : If minimum Rs.1000 is not deposited in Sukanya Samriddhi Account in a financial year, account will become discontinued and can be revived with a penalty of _______ per year. A. Rs.50 B. Rs.100 C. Rs.25 D. Rs.75 E. Rs.125

Last Answer : A. Rs.50 Explanation: In Sukanya Samriddhi Account, if minimum Rs 1000/- is not deposited in a financial year, account will become discontinued and can be revived with a penalty of Rs 50/- per year with minimum amount required for deposit for that year.

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

Rs,33,000 is to be divided into two parts, such that the income from one part invested in Rs.200 shares at Rs.250 for `10%` dividend is the same as th

Description : Rs,33,000 is to be divided into two parts, such that the income from one part invested in Rs.200 shares at Rs.250 for `10%` dividend is the same as th

Last Answer : Rs,33,000 is to be divided into two parts, such that the income from one part invested in ... the amounts invested in the two kinds of sheares.

In case of failed ATM transactions, if the amount is not credited to customer‟s account within 7 working days from the date of receipt of the complaint. Banks have to pay compensation at the rate of Rs.________ per day. A. 150 B. 200 C. 100 D. 10 E. 50

Description : In case of failed ATM transactions, if the amount is not credited to customer‟s account within 7 working days from the date of receipt of the complaint. Banks have to pay compensation at the rate of Rs.________ per day. A. 150 B. 200 C. 100 D. 10 E. 50

Last Answer : C. 100 Explanation: Reconciliation of failed transactions at ATMs – For any failure to re-credit the customer‘s account within 7 working days from the date of receipt of the complaint, the bank will pay compensation of Rs.100/-, per day, to the aggrieved customer.

Leather cash bag should be used when the amount of currency notes exceeds Rs a) 5000 b) 10000 c) 500 d) 1000

Description : Leather cash bag should be used when the amount of currency notes exceeds Rs a) 5000 b) 10000 c) 500 d) 1000

Last Answer : c) 500

What was the fund allocation for the implementation of the ‘Protection from Domestic Violence Act’ in the Eleventh plan? a. Rs. 100 crore b. Rs. 300 crore c. Rs. 500 crore d. Rs. 1000 crore

Description : What was the fund allocation for the implementation of the ‘Protection from Domestic Violence Act’ in the Eleventh plan? a. Rs. 100 crore b. Rs. 300 crore c. Rs. 500 crore d. Rs. 1000 crore

Last Answer : c. Rs. 500 crore

Insensible loss of body water of normal adult is about (A) 50–100 ml (B) 100–200 ml (C) 300–500 ml (D) 600–1000 ml

Description : Insensible loss of body water of normal adult is about (A) 50–100 ml (B) 100–200 ml (C) 300–500 ml (D) 600–1000 ml

Last Answer : Answer : D

In glycinuria daily urinary excretion of glycine ranges from (A) 100–200 mg (B) 300–500 mg (C) 600–1000 mg (D) 1100–1400 mg

Description : In glycinuria daily urinary excretion of glycine ranges from (A) 100–200 mg (B) 300–500 mg (C) 600–1000 mg (D) 1100–1400 mg

Last Answer : Answer : C

In case of loss or damage of the parcel, compensation is paid upto a maximum in EPP is a) 100/- b) 500/- c) 200/- d) 1000/

Description : In case of loss or damage of the parcel, compensation is paid upto a maximum in EPP is a) 100/- b) 500/- c) 200/- d) 1000/

Last Answer : b) 500/

The resistance of a material with conductivity 2millimho/m 2 , length 10m and area 50m is a) 500 b) 200 c) 100 d) 1000

Description : The resistance of a material with conductivity 2millimho/m 2 , length 10m and area 50m is a) 500 b) 200 c) 100 d) 1000

Last Answer : c) 100

Number of subdivisions per metre length of a levelling staff is (A) 100 (B) 200 (C) 500 (D) 1000

Description : Number of subdivisions per metre length of a levelling staff is  (A) 100  (B) 200  (C) 500  (D) 1000 

Last Answer : (B) 200 

For an overhead line, the surge impedance is taken as (a) 20-30 ohms (b) 70—80 ohms (c) 100—200 ohms (d) 500—1000 ohms (e) none of the above

Description : For an overhead line, the surge impedance is taken as (a) 20-30 ohms (b) 70—80 ohms (c) 100—200 ohms (d) 500—1000 ohms (e) none of the above

Last Answer : (c) 100—200 ohms

Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the proprietor is Rs.3,600 pa. Amount of Goodwill at 3 years. purchase of super Profit is A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Description : Capital employed is Rs.50,000 Trading Profit amounted Rs.12,200, Rs.15,000 and Rs.2000 loss for 2016, 2017 and 2018 respectively. Rate of interest is 8% and the rate of risk is 2% Remuneration from alternative employment of the ... A Rs.8,000 B Rs.8,800 C Rs.8,850 D Rs.9,500 ANS: Rs.8,850

Last Answer : A

Rahul invested a certain amount in buying Rs. 25 shares of a company, which pays a dividend of 12%. If the earns 10% per annum on his investment, then

Description : Rahul invested a certain amount in buying Rs. 25 shares of a company, which pays a dividend of 12%. If the earns 10% per annum on his investment, then

Last Answer : Rahul invested a certain amount in buying Rs. 25 shares of a company, which pays a dividend of ... , then find the market value of each share.

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

Description : 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

Last Answer : Answer- B(Rs.688 ) Solution : P : Q = 3 : 2 , P : R = 2 : 1 [given] Q : P = 2 : 3 [reverse], Q : P = 4 : 6 [multiply by 2] Now, P : R = 2 : 1 P : R = 6 : 3 [multiply by 3] P : Q =6 : 4 [after x3] , So Q : P : R = 4 : 6 : 3 or, P : Q : R = 6 : 4 : 3 Q’s share= 4/13 x 2236=Rs.688

In 2000, a part of Rs. 30 lakhs was invested in Company P and the rest was invested in Company Q for one year. The total interest received was Rs. 2.43 lakhs. What was the amount invested in Company P? A. Rs.9 lakh B. Rs.11 lakh C.Rs. 12 lakh D.Rs.18 lakh E. None of these

Description : In 2000, a part of Rs. 30 lakhs was invested in Company P and the rest was invested in Company Q for one year. The total interest received was Rs. 2.43 lakhs. What was the amount invested in Company P? A. Rs.9 lakh B. Rs.11 lakh C.Rs. 12 lakh D.Rs.18 lakh E. None of these

Last Answer : D.Rs.18 lakh

P started a business in 1990 by investing Rs.25,000. She invested Rs. 10,000 as additional amount in 1991 and her friend Q joined her with an amount of Rs.35,000. P invested another Rs. 10,000 in 1992 and R joined them with Rs. 35,000. At the end of these 3 years, they earned a profit of Rs. 150,000. Find Q's share? a) Rs.50,000 b) Rs.65,000 c) Rs.75,000 d) Rs.15,000

Description : P started a business in 1990 by investing Rs.25,000. She invested Rs. 10,000 as additional amount in 1991 and her friend Q joined her with an amount of Rs.35,000. P invested another Rs. 10,000 in 1992 and R joined them ... ,000. Find Q's share? a) Rs.50,000 b) Rs.65,000 c) Rs.75,000 d) Rs.15,000

Last Answer : Answer: A) P invested Rs.25,000 for 12 months, Rs.(25000 + 10000) for 12 months, , Rs.(25000 + 10000 + 10000) for 12 months. i.e., P invested Rs.25,000 for 12 months, Rs.35000 for 12 months Rs.45000 for 12 months. Q ... Q's share = Rs.(1,50,000 x 2 /(3+2+1)) = Rs.(1,50,000 x 2/6) = Rs.50,000

In a company M and O invested amount in the ratio 3 : 2 whereas the ratio between amounts invested by M and N was 4 : 3. If Rs.1,80,000 was their profit, how much did N receive?(calculate approximate value) A) 75432 B) 74483 C) 76854 D) 76443

Description : In a company M and O invested amount in the ratio 3 : 2 whereas the ratio between amounts invested by M and N was 4 : 3. If Rs.1,80,000 was their profit, how much did N receive?(calculate approximate value) A) 75432 B) 74483 C) 76854 D) 76443

Last Answer : Answer: B) M : O = 3:2 O: M= 2:3 = 8:12 M:N = 4 :3 =12:9 O:M:N = 8:12:9 Therefore N’s share = Rs (1,80,000 * 12/29) =Rs(2160000/29) = Rs.74483(approx.)

Jaya and sona invested amount of Rs 10000 and Rs 5000 respectively in their business. What percentage of the share of the profit that should be given to Jaya such that ratio of income is equal for both at the end of year? A) 5 B) 7 C) 4 D) 6

Description : Jaya and sona invested amount of Rs 10000 and Rs 5000 respectively in their business. What percentage of the share of the profit that should be given to Jaya such that ratio of income is equal for both at the end of year? A) 5 B) 7 C) 4 D) 6

Last Answer : Answer: C)  Ratio of invest of jaya & sona =10000:5000 =2:1  Income of both at end of year is equal, then  Income is divided into 50 parts. Income be 100%, then 1st part =25 ,2 nd part=25, Percentage=100/25=4%

Two persons Ashok and Amit enter into a business. Ashok invests Rs 12500 in the first time and after 6months withdraws Rs 7000. Amit withdraws Rs 3000 after 8 months. Both have equal profit at the end of the year. What is the amount invested by Amit initially? A) 15000 B) 20000 C) 10000 D) 16000

Description : Two persons Ashok and Amit enter into a business. Ashok invests Rs 12500 in the first time and after 6months withdraws Rs 7000. Amit withdraws Rs 3000 after 8 months. Both have equal profit at the end of the year. What is the amount invested by Amit initially? A) 15000 B) 20000 C) 10000 D) 16000

Last Answer : Answer: C)  Ashok’s investment =12500*6+5500*6=108000  Amit’s investment=x*8+(x-3000)*4  108000=8x+4x-12000=>X=Rs 10000  Amount invest by Amit is Rs 10,000

In a work A and B invested amounts in the ratio 7:9, whereas the ratio between amounts invested by A and C was 5:11. If Rs. 12750 was their profit, how much amount did B gained? a) 2546 b) 2475 c) 2842 d) 2656

Description : In a work A and B invested amounts in the ratio 7:9, whereas the ratio between amounts invested by A and C was 5:11. If Rs. 12750 was their profit, how much amount did B gained? a) 2546 b) 2475 c) 2842 d) 2656

Last Answer : Answer: C)  A &B ratio =7:9 B & A post ratio = 9:7 A & C post ratio=5:11 A:B:C = 45:35:77 Amount received by B =35/157*12750=Rs.2842

M and N invested in a work which M invest Rs 3015 more than N. N invested for 7 months while M invested for 5 months. If M gets Rs 425 more than N, out of a total profit of Rs 3400. Then the amount invested in the business by M approximately is, A) 6784 B) 6258 C) 7524 D) 7275

Description : M and N invested in a work which M invest Rs 3015 more than N. N invested for 7 months while M invested for 5 months. If M gets Rs 425 more than N, out of a total profit of Rs 3400. Then the amount invested in the business by M approximately is, A) 6784 B) 6258 C) 7524 D) 7275

Last Answer : Answer: A)  Let investment of N be x  Profit of N be y  Investment of M is x+3015  Profit ratio of M&N is,  M:N =[x+3015]*5:x*7-------->(1)  Profit of M =425 +profit of N  Total profit =3400 =425 ... ---->(2)  153/119=(x+3015)*5/x*7  X=Rs.3769  M's investment =x+3015  =3769+3015  =Rs6784

Mahesh and Devi invested Rs.20979 and Rs. 22977 respectively in a business. Devi being an active partner will get Rs.750 every month extra for running the business. In 18 months if Devi received a total amount of Rs.18250, then what is total profit earned by both in one and half years is, A) 26888. B) 22500. C) 22587 D) 25874

Description : Mahesh and Devi invested Rs.20979 and Rs. 22977 respectively in a business. Devi being an active partner will get Rs.750 every month extra for running the business. In 18 months if Devi received a total amount ... profit earned by both in one and half years is, A) 26888. B) 22500. C) 22587 D) 25874

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

Three partners A, B, C invest a total sum of Rs,114000. At the end of the year A gets Rs 6000 and B gets 5000 and C gets Rs 8000 as profit. Find the average amount invested by A and C. A) 46677 B) 42000. C) 53000. D) None

Description : Three partners A, B, C invest a total sum of Rs,114000. At the end of the year A gets Rs 6000 and B gets 5000 and C gets Rs 8000 as profit. Find the average amount invested by A and C. A) 46677 B) 42000. C) 53000. D) None

Last Answer : Answer: B)  Profits of A,B &C is 6000,5000, 8000 rupees  Ratio of their profits is, A:B:C =6:5:8 Investment of A,B,C be 6x,5x,8x 6x+5x+8x=114000 =>x=6000 Average amount invested by A &C is 6000/2 *14 =Rs.42000

M and N invested in a business in which M invests Rs.385 more than N. N invested for 9months while M invested for 5months. If M get Rs.65 more than N out of profit of Rs.1350. Then then total amount invested in the business approximately is, A) 1452 B) 7413 C) 6298 D) 5778

Description : M and N invested in a business in which M invests Rs.385 more than N. N invested for 9months while M invested for 5months. If M get Rs.65 more than N out of profit of Rs.1350. Then then total amount invested in the business approximately is, A) 1452 B) 7413 C) 6298 D) 5778

Last Answer : Answer: B)  Let investment of M is X + 385  Let investment of N is X  Profit earned of M&N is,  M/N=(X+385)*5 /x *9-------> (1)  Profit of M =65 +profit of N  Total profit = 1350=65 + ... =(x + 385) *5/(x*9)  X =392.01  Total investment =(392+385)*5+(392*9)  =Rs.7413