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Q:

What is the difference in the shares of profit between P and Q in a joint business at the end of one year ?

a. P Invested Rs. 80,000 and withdrew Rs. 20,000 after 6 months.

b. Q joined four months after the start of business.

c. Q's amount was 80% of P's amount during the last six months.

A) Only a B) Only c
C) Both a & b D) Data is not sufficient
 
Answer & Explanation Answer: D) Data is not sufficient

Explanation:

a. P's investment = (80000 x 6 + 60000 x 6) = 840000 for 1 month.

b & c. Q's investment = 80% of Rs. 60000 for 8 months.

= Rs.(48000 x 8) for 1 month = 384000 for 1 month

P : Q = 840000 : 384000 = 35 : 16.

But, the total profit is not given, so data is inadequate.

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Filed Under: Partnership
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Three friends, P, Q and R started a partnership business investing money in the ratio of 5 : 4 : 2 respectively for a period of 3 years. What is the amount received by P as his share in the total profit ?

a. Total amount invested in the business in Rs. 22,000.

b. Profit earned at the end of 3 years is 3/8 of the total investment.

c. The average amount of profit earned per year is Rs. 2750.

A) Only c is sufficient B) Both a & b are sufficient
C) Both A & B gives result D) None
 
Answer & Explanation Answer: C) Both A & B gives result

Explanation:

a and b give, profit after 3 years = Rs.(3/8 x 22000) = Rs.8250.

From c also, profit after 3 years = Rs. (2750 x 3) = Rs. 8250.

∴ P's share = Rs.(8250 x 5/11) = Rs. 3750.

Thus, (either C is redundant) or (a and b are redundant).

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

Q:

Dhoni ,Raina ,Kohli and Sikhar have all played 5 innings each and each scored 131 runs.The players Score Card is given below : 100,90,85,80,30,25,20,20,15,15,10,10,10,3,3,3,2,1,1,1.

 Given hints are:

 1. Dhoni & Raina have scored different runs in 4 innings however in one innings they have scored same runs.

2. Shikhar & Kohli have also scored different runs in 3 innings however their indivitual score is same throughout 2 innings(meaning each has scored same run twice in 2 innings). 

3. Shikhar's highest score is greater than that of Kohli's highest score.

4. Only Shikhar has scored more than 1 run in each innings.

5. Raina's hiighest score is greater than that of Dhoni's highest score.

Questions :

1. Who scored century in one innings ?
2. Who scored 35 runs in 2 consecutive innings ?
3. Who scored 30 runs in one innings ?

Answer

Scores of individuals :


Dhoni= 80,30,10,10,1
Raina=100,25,3,2,1
Kholi=85,20,15,10,1
Shikhar=90,20,15,3,3


Above combination satisfies all conditions given in the question.


Answer 1) Raina


Answer 2) Kohli and Shikhar


Answer 3) Dhoni

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Subject: Deriving Conclusions From Passages Exam Prep: TOEFL , GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk

Q:

________ intended to address issues such as bugs and errors within existing software.

A) Fix B) BugFix
C) CodeFix D) HotFix
 
Answer & Explanation Answer: D) HotFix

Explanation:
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Filed Under: Cloud Computing
Job Role: Analyst , IT Trainer

Q:

Which of the following became the first company to launch mobile payment service in India ?

A) Google B) Samsung
C) IBM D) Apple
 
Answer & Explanation Answer: B) Samsung

Explanation:

Samsung has become the first company in India to launch its mobile payment service named Samsung pay.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
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Q:

Leakage of which of the following gases caused the Bhopal gas tragedy ?

A) Carbon monoxide B) Methyl isocyanate
C) Nitrous oxide D) Hydrogen sulphide
 
Answer & Explanation Answer: B) Methyl isocyanate

Explanation:
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Filed Under: Chemistry
Exam Prep: AIEEE
Job Role: Analyst

Q:

Which one of the following is used to induce artificial rain ?

A) Potassium Nitrate B) Ammonium chloride
C) Calcium carbonate D) Silver lodide
 
Answer & Explanation Answer: D) Silver lodide

Explanation:
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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams
Job Role: Bank Clerk

Q:

A quantity of tea is sold at Rs. 5.75 per kilogram. The total gain by selling the tea at this rate is Rs. 60. Find the quantity of tea being sold if a profit of 15% is made on the deal ?

A) 72 kgs B) 80 kgs
C) 76 kgs D) 84 kgs
 
Answer & Explanation Answer: B) 80 kgs

Explanation:

Say total cost price of tea is x.
Then total profit at a rate of 15% is = (15x/100)
According to question,
15x/100 = 60
so x = 400
C.p of the tea is Rs. 400.
so total selling price will be = (400+60) = Rs.460
so the quantity of the tea will be = (460/5.75) = 80kg.

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