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Q:

The incomes of two persons A and B are in the ratio 3 : 4. If each saves Rs.100 per month, the ratio of their expenditures is Rs. 1 : 2. Find their incomes.

A) Rs. 100 and Rs.150 B) Rs. 150 and Rs.200
C) Rs.200 and Rs.250 D) Rs.250 and Rs.300
 
Answer & Explanation Answer: B) Rs. 150 and Rs.200

Explanation:

Let the incomes of A and B be 3P and 4P.

If each saves Rs. 100 per month, then their expenditures = Income - savings = (3P - 100) and (4P - 100).

 

The ratio of their expenditures is given as 1 : 2.

Therefor, (3P - 100) : (4P - 100) = 1 : 2

Solving, We get P = 50. Substitute this value of P in 3P and 4P.

Thus, their incomes are : Rs.150 and Rs.200

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Filed Under: Ratios and Proportions

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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Filed Under: Partnership

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 = 2 x 25000/5 = Rs.10000

 

Similarly, share of B in the total profit = 3 x 25000/5 = Rs.15000

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Filed Under: Partnership
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

Q:

A Shopkeeper sells two articles at Rs.1000 each, making a profit of 20% on the first article and a loss of 20% on the second article. Find the net Profit or loss that he makes? 

A) 4% B) 5%
C) 6% D) 8%
 
Answer & Explanation Answer: A) 4%

Explanation:

SP of first article = Rs.1000

 

Profit = 20%

 CP = SP x 100100+P% = Rs. 25003

SP of Second Article = Rs.1000

 Loss = 20%

 CP = SP x 100100-L% = Rs. 1250

 

So, Total SP = Rs.2000; Total CP = Rs.6250/3

 

As the CP is more than SP, he makes a loss.

 

Loss = CP - SP = (6250/3) - 2000 = Rs.(250/3)

 

So, Loss Percent = Lossx100/CP = 4%

 

 

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Filed Under: Profit and Loss
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Bank Clerk , Bank PO

Q:

Tell me about a time you had to handle multiple responsibilities. How did you organize the work you needed to do?

Answer

Sample Response :


While attending college, I also worked at a law firm. I was successful because I practiced good time-management skills, and I made a to-do list every day. As I completed each task, I checked it off the list. It is funny how something so simple can keep you so organized. As a result of my to-do lists, I was able to visualize my daily progress.

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Subject: Adaptability

Q:

Are there any times where you had a conflict with a superior? If yes, how did you handle it and resolve it?

Answer

I have had differences of opinion with previous managers. Our disagreements were not significant, but some had to be confronted and resolved. I have learned that two parties typically quarrel when each one refuses to consider the other's perspective. Therefore, I asked the manager I disagreed with to explain his or her perspective, and then to consider my point of view. This way, we were able to take into account each other's perspective and come to an agreeable compromise. When a compromise could not be reached, I accepted my manager's decision. Regardless of individual perspectives, managers are responsible for setting policy, and subordinates are responsible for executing it.

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Q:

I have difficulty deciding what exercises to do and the proper sequence of exercises to achieve maximum results. What help can you offer me?

Answer

I assume that by exercises you mean stretches. If not, if you mean other exercises, then Science of Sports Training will answer your question. Concerning stretches?do dynamic stretches similar to the movements in your sport. Do those isometric stretches that resemble positions at which your range of motion is less than required in your sport. For example, stretches 1 and 3 on pages 68 and 69 in Stretching Scientifically would help for baseball pitchers. Gymnasts or kickboxers may pick any stretch from pages 70?72, plus any stretch from page 74 and any hamstring stretch from page 75. Stretches you do for the front of the thigh and for the hamstring you can later replace with front splits (page 76 in Stretching Scientifically) as your flexibility improves. You can do relaxed stretches similar to your isometric stretches or whichever ones stretch your tensed muscles.


The proper sequence of stretches in a workout is: dynamic, static active, isometric, relaxed. You do not have to do all these types of stretches in a workout. You can skip the ones that you do not need but do not alter the order.

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Subject: Flexibility

Q:

How can the company’s compliance policies be improved and/or better applied, communicated and enforced?

Answer

Compliance policies should be accessible to all employees, well communicated, and easy to understand and apply. Responses to this question can provide valuable end-user feedback in this regard. The additional area of “enforcement” may provide some insight into an organization’s ethical tone and employee perceptions about fairness and equality. A quality compliance program will assure that all violators are treated fairly, but equally. If employees perceive that management or others are “above the law,” the compliance program loses credibility.

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Subject: Compliance