3
Q:

Sekar started a business investing Rs.25,000 in 1999. In 2000, he invested an additional amount of Rs. 10,000 and Rajeev joined him with an amount of Rs. 35,000. In 2001, Sekar invested another additional amount of Rs.10,000 and Jatin joined them with an amount of Rs.35,000. What will be Rajeev's share in the profit of Rs.1,50,000 earned at the end of 3 years from the start of the business in 1999?

A) Rs. 45,000 B) Rs. 50,000
C) Rs. 70,000 D) Rs. 75,000

Answer:   B) Rs. 50,000

Explanation:

Sekar: Rajeev: jatin = (25000×12+35000×12+45000×12):(35000×24) : (35000×12)

                            = 1260000 : 840000 : 420000

                            = 3 : 2 : 1.

 

Rajeev's Share =Rs.(150000×2/6)

                      =Rs.50000.

Q:

Vishal and Raghu jointly started a business. Vishal invested three times as Raghu did and invested his money for double time as compared to Raghu. Raghu earned Rs. 4000. If the gain is proportional to the money invested and the time for which the money is invested then the total gain was  ?

A) Rs. 28,000 B) Rs. 18,000
C) Rs. 14,000 D) Rs. 8,000
 
Answer & Explanation Answer: A) Rs. 28,000

Explanation:

Investments ratio is = 3:1
Time period ratio is = 2:1

As they are proportional to gain

------
Gain ratio of Vishal and raghu = 6:1

But given Raghu got Rs. 4000, 

=? 1 ----- 4000
     7 -----    ?

=> Rs.28,000

The total gain = Rs.28,000

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2 22
Q:

The ratio of investments of two partners A and B is 7:5 and the ratio of their profits is 7:10. If A invested the money for 5 months, find for how much time did B invest the money ?

A) 11 months B) 9 months
C) 7 months D) 10 months
 
Answer & Explanation Answer: D) 10 months

Explanation:

7x5: 5xk = 7:10
k = 10 months

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1 23
Q:

A, B, C and D enter into partnership. A subscribes 1/3 of the capital B 1/4, C 1/5 and D the rest. How much share did A get in a profit of Rs.2490 ?

A) Rs. 820 B) Rs. 830
C) Rs. 840 D) Rs. 850
 
Answer & Explanation Answer: B) Rs. 830

Explanation:

Let the total amount in the partnership be 'x'.
Then A's share = x/3
B's share = x/4
C's share = x/5
D's share = x - (x/3 + x/4 +x/5) = 13x/60

A : B : C : D = x/3 : x/4 : x/5 : 13x/60 = 20 : 15 : 12 : 13

A's share in the profit of Rs. 2490 = 20 (2490/60) = Rs. 830.

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3 48
Q:

Rs.1200 divided among P, Q and R. P gets half of the total amount received by Q and R. Q gets one-third of the total amount received by P and R. Find the amount received by R ?

A) Rs. 1100 B) Rs. 500
C) Rs. 1200 D) Rs. 700
 
Answer & Explanation Answer: B) Rs. 500

Explanation:

Let the amounts to be received by P, Q and R be p, q and r.
p + q + r = 1200
p = 1/2 (q + r) => 2p = q + r

Adding 'p' both sides, 3p = p + q + r = 1200
=> p = Rs.400

q = 1/3 (p + r) => 3q = p + r

Adding 'q' both sides, 4q = p + q + r = 1200
=> q = Rs.300

r = 1200 - (p + q) => r = Rs.500.

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2 44
Q:

K and L start a business jointly. L invests Rs.16000 for 8 months and L remains in the business for 4 months. Out of the total profit B claims 2/7th share. How much money is contributed by B  ?

A) Rs. 9040 B) Rs. 10,400
C) Rs. 12,800 D) Rs. 6350
 
Answer & Explanation Answer: C) Rs. 12,800

Explanation:

16x8 : Px4 = 5:2

P = 12.8 => Rs.12,800

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