4
Q:

The ratio of investments of two partners is 11:12 and the ratio of their profits is 2 : 3. If A invested the money for 8 months , find for how much time B invested his money. 

Answer:
Q:

K and L start the business, with L investing the total capital of Rs. 40,000 on the condition that K pays L interest @ 8% per annum on his half of the capital. L is a working partner and receives Rs.1200 per month from the total profit and any profit reamaining is equally shared by both of them. At the end of the year, it was found that the income of L is twice that of K. Find the total profit for the year ?

A) Rs.44000 B) Rs.46400
C) Rs.480800 D) Rs.46000
 
Answer & Explanation Answer: B) Rs.46400

Explanation:

Interest received by L from K = 8% of half of Rs.40,000 

  = Rs.1600

Amount received by L per annum for being a working partner = 120012 = Rs.14,400

Let 'A' be the part of remaing profit that 'L' receives as his share.

 Total income of 'K' = only his share from the reamaing profit

                              = 'A', as both share equally.

Given income of L = Twice the income of K

 (1600 + 14400 + A ) = 2A

 A= Rs.16000
Thus total profit = 2A + Rs.14,400= 2(16000) + 14400

                                                  = 32000 +14400 = Rs.46,400.

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6 80
Q:

A,B and C enter into a partnership in the ratio  . After 4 months, A increases his share by 50%. If the total profit at the end of one year be Rs. 21600, then B's share in the profit is :

A) Rs. 4000 B) Rs. 6000
C) Rs. 9000 D) Rs. 3000
 
Answer & Explanation Answer: A) Rs. 4000

Explanation:

Given ratio of initial investments =  = 105 : 40 : 36.

Let the initial investments be 105x, 40x and 36x.

 = 

                  = 1680x : 480x : 432x = 35 : 10 : 9.

Hence, B's share =  = Rs. 4000.

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5 201
Q:

Three milkmen rented a pasture. A grazed 24 cows for 4 months; B 10 cows for 6 months; C 56 cows for 5 months. If A's share of rent is Rs. 960, find the total rent of the field?

A) 4530 B) 4440
C) 4360 D) 4280
 
Answer & Explanation Answer: C) 4360

Explanation:

Ratio of shares of A,B,C = (24 x 4) : (10 x 6) : (56 x 5)

                                   = 96 : 60 : 280.

Let total rent be Rs. x. Then, A's share = 

Hence total rent of the field is Rs. 4360.

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4 80
Q:

A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?

A) Rs. 39000 B) Rs. 49000
C) Rs. 59000 D) Rs. 69000
 
Answer & Explanation Answer: C) Rs. 59000

Explanation:

Interest received by A from B = 10% of half of Rs.50000 = 10% of Rs. 25000 = Rs.2500.

Amount received by A per annum for being a working partner = 1500 x 12 = Rs.18000

Let 'P' be the part of the remaining profit that A receives as his share.

So,total income of A = (Rs.2500 + Rs.18000 + Rs. P )

Total income of B = only his share from the remaining profit = 'P', as  A and B share the remaining profit equally.

 

We know that income of A = Twice the income of B 

So, (2500 + 18000 + P ) = 2(P)

P = 20500

 

Thus, the total profit = 2P + Rs.18000

= 2(20500) + 18000 = Rs.59000.

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6 715
Q:

A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?

A) 10000 and 15000 B) 15000 and 10000
C) 5000 and 20000 D) 20000 and 5000
 
Answer & Explanation Answer: A) 10000 and 15000

Explanation:

As both A and B invest the same amounts, the ratio of their profits at the end of the year is equal to the ratio of the time periods for which they have invested.

Thus, the required ratio of their profits = A : B = 8 : 12 = 2 : 3.

Hence, share of A in the total profit =  = Rs.10000

Similarly, share of B in the total profit =  = Rs.15000

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