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Q:

A, B, C hired a car for Rs. 520 and used it for 7, 8 and 11 hours respectively. Hire charges paid by B were :

A) 150	B) 160
C) 170	D) 180

Answer & Explanation Answer: B) 160

Explanation:

A : B : C = 7 : 8 : 11.

Hire charges paid by B = Rs. (520 * 8/26) = Rs. 160.

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Q:

X and Y invested in a business. They earned some profit which they divided in the ratio of 2 : 3. If X invested Rs. 40,000, the amount invested by Y is :

A) 20000	B) 40000
C) 60000	D) 80000

Answer & Explanation Answer: C) 60000

Explanation:

Suppose Y invested Rs. y. Then 40000/y = 2/3 or y = 60000 .

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Q:

If 4 (A's capital) = 6 (B's capital) = 10 (C's capital), then out of a profit of Rs. 4650, C will receive ____

A) Rs.700	B) Rs.800
C) Rs.900	D) Rs.1000

Answer & Explanation Answer: C) Rs.900

Explanation:

Let 4A = 6B = 1OC = k. Then, A = k/4, B = k/6, and C =k/10 .

A : B :C = k/4 : k/6 : k/10 = 15 : 10 : 6.

Hence, C's share (4650 * 6/31) = Rs, 900.

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Q:

A and B start a business jointly. A invests Rs. 16,000 for 8 months and B remains in the business for 4 months, Out of total profit, B claims - of the profit. How much money was contributed by B ?

A) 12000	B) 12800
C) 13000	D) 14500

Answer & Explanation Answer: B) 12800

Explanation:

Let the total profit be Rs. x. Then, B = 2x/7 and A = (x - 2x /7) = 5x / 7.

So, A : B = 5x/7 : 2x/7 = 5 : 2.

Let B s capital be Rs. y. Then, (16000 * 8) / ( y * 4) = 5/2 <=> (16000 * 8 * 2) / (5 * 4) = 12800..

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Q:

A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. In what ratio will the profit be shared at the end of 3 years ?

A) 2 : 3 : 5	B) 3 : 4 : 7
C) 5 : 6 : 4	D) 1 : 3 : 5

Answer & Explanation Answer: B) 3 : 4 : 7

Explanation:

A : B : C = (40000 x 36) : (80000 x 12 + 40000 x 24) : (120000 x 24 + 40000 x 12)

= 144 : 192 : 336

= 3 : 4 : 7.

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Q:

Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business ?

A) 11 : 13 : 15	B) 11 : 13 : 17
C) 12 : 17 : 18	D) 12 : 15 :16

Answer & Explanation Answer: D) 12 : 15 :16

Explanation:

Aman : Rakhi : Sagar = (70000 x 36) : (105000 x 30) : (140000 x 24) = 12 : 15 : 16.

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Q:

Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit ?

A) 10110	B) 10500
C) 12000	D) 13000

Answer & Explanation Answer: B) 10500

Explanation:

Simran : Nanda = (50000 * 36) : (80000 * 30) = 3 : 4.

Simran's share = Rs. ( 24500 * 3/7) = Rs. 10500.

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Q:

Reena and Shaloo are partners in a business, Reena invests Rs, 35,000 for 8 months and Shaloo invests Rs. 42,000 for 10 months, out of a profit of Rs. 31,570, Reena's share is :

A) 12628	B) 18245
C) 11235	D) 10253

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