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Q:

A, B and C enter into a partnership and their shares are in the ratio 1/2 : 1/3 : 1/4. After 2 months, A withdraws half of his capital and after 10 months, a profit of Rs. 378 is divided among them. What is B's share ?

A) 144 B) 169
C) 225 D) 339
 
Answer & Explanation Answer: A) 144

Explanation:

Ratio of initial investments = 1/2 : 1/3 : 1/4 = 6 : 4 : 3.

Let their initial investments be 6x, 2x and 3x respectively.

A : B : C = (6x * 2 + 3x * 10) : (4x * 12) : (3x * 12) = 42 : 48 : 36 = 7 : 8 : 6.

B's share =  Rs. (378 * 8/21) = Rs. 144.

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Q:

A, B and C enter into a partnership and their shares are in the ratio 1/2 : 1/3 : 1/4. After 2 months, A withdraws half of his capital and after 10 months, a profit of Rs. 378 is divided among them. What is B's share ?

A) 144 B) 169
C) 225 D) 339
 
Answer & Explanation Answer: A) 144

Explanation:

Ratio of initial investments = 1/2 : 1/3 : 1/4 = 6 : 4 : 3.

 

Let their initial investments be 6x, 2x and 3x respectively.

 

A : B : C = (6x * 2 + 3x * 10) : (4x * 12) : (3x * 12) = 42 : 48 : 36 = 7 : 8 : 6.

 

B's share = Rs. (378*8/21)  = Rs. 144.

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Q:

A, B, C started a business with their investments in the ratio 1:3 :5. After 4 months, A invested the same amount as before and B as well as C withdrew half of their investments. The ratio of their profits at the end of the year is :

A) 1 : 2 : 3 B) 3 : 4 : 15
C) 3 : 5 : 10 D) 5 : 6 : 10
 
Answer & Explanation Answer: D) 5 : 6 : 10

Explanation:

Let their initial investments be x, 3x and 5x respectively. Then,

 

A:B:C = (x*4+2x*8) : (3x*4+(3x/2)*8) : (5x*4+(5x/2)*8)

 

20x : 24x : 40x = 5 : 6 : 10          

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Q:

In a business, A and C invested amounts in the ratio 2:1, whereas the ratio between amounts invested by A and B was 3:2. If Rs. 1,57,300 was their profit, how much amount did B receive ?

A) 48400 B) 54200
C) 64000 D) 74000
 
Answer & Explanation Answer: A) 48400

Explanation:

A : B = 3 : 2 => B : A = 2 : 3 = 4 : 6 and A : C = 2 : 1 = 6 : 3.

So, B : A : C = 4 : 6 : 3 or A : B : C = 6 : 4 : 3.

B's share = Rs. (157300 x 4/13 ) = Rs. 48400.

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Q:

A began a business with Rs. 85,000. He was joined afterwards by B with Ks. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1 ?

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

Explanation:

Suppose B joined for x months . Then,  ( 85000 * 12 )/(42500 * x) = 3. or x = (85000 * 12) / (42500 * 3) = 8.

So, B joined for 8 months.

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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:

The National Income of a country is

A) The annual revenue of the Governament B) Sum total of factor incomes
C) Surplus of public sector Undertaking D) Export minus Imports
 
Answer & Explanation Answer: B) Sum total of factor incomes

Explanation:
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Filed Under: Indian Economy

Q:

Who had estimate National Income in India first

A) Dadabhai Naoroji B) R.C. Dutt
C) V.K.R.V.Rao D) D.R.Gadgil
 
Answer & Explanation Answer: A) Dadabhai Naoroji

Explanation:
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Filed Under: Indian Economy