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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:

By selling an article at Rs.800, a shopkeeper makes a profit of 25%.At what price should he sell the article so as to make a loss of 25%?

A) Rs.720 B) Rs.640
C) Rs.540 D) Rs.480
 
Answer & Explanation Answer: D) Rs.480

Explanation:

SP = Rs.800 ; Profit = 25%

 CP = SP x 100100+P% = 800 x 100100+25 = 640

 

 Now, CP = Rs.640

 

Loss = 25% = 25% of Rs.640 = Rs.160

 

Thus, SP = CP - Loss = Rs.640 - Rs.160 = Rs.480

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

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:

Is it truly possible to produce a permanent, instantly accessible flexibility that requires no warm-up or any other preparation?

Answer

Yes. Otherwise what is the point of practicing combat techniques such as high kicks if they require a warm-up? I personally know many athletes, some of them active soldiers, who can display much greater flexibility without a warm-up than what I show in this book. Of course, I can do everything that you see in this book also without a warm-up. If your coach or instructor cannot teach you how to have such flexibility then it tells you something about his or her knowledge of human physiology and the methodology of sports training.

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Subject: Flexibility

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:

What is Innovation?

Answer

Innovation is the application of creativity to give rise to a new concept, product, service or process delivering something new and better to the world.


When we innovate, we work with the creative ideas we have developed and put them into practice. Innovation is NOT just about making new gadgets and fancy widgets. We can be innovative in New Product Design, but in many other ways too. New concepts, like how to lead and motivate people at work, as well as new services and processes.

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Q:

Why Do Organisations Need Creativity?

Answer

Do businesses want employees at every level who develop ideas to solve problems and embrace opportunities?


Yes.


In a range of studies since 2003, The Accenture Institute for High Performance found that the highest performing companies in the world encourage staff at every level to solve problems to make things new and better.


The Ernst & Young Connecting Innovation to Profit report (2010) found that fast-moving, agile companies recognise the importance of creative thinking skills, concluding that “the ability to manage, organise, cultivate and nurture creative thinking is directly linked to growth and achievement."


The IBM Global CEO Survey 2010 interviewed more than 1500 CEO’s from 60 countries and 33 industries, concluding that creativity is the most important leadership trait for the future. They suggested that “more than rigor, management discipline, integrity or even vision – successfully navigating an increasingly complex world will require creativity.”

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