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Q:

Deepa started a business in 2009 by investing Rs.50,000. She invested Rs. 20,000 as additional amount in 2010 and her friend Sushma joined her with an amount of Rs.70,000. Deepa invested another Rs. 20,000 in 2011 and Avanthi joined them with Rs. 70,000. At the end of these 3 years, they earned a profit of Rs. 3,00,000. Find Sushma's share ?

A) Rs. 75,000 B) Rs. 85,000
C) Rs. 98,000 D) Rs. 1,00,000
 
Answer & Explanation Answer: D) Rs. 1,00,000

Explanation:

Deepa invested Rs.50,000 for 12 months, Rs.(50000 + 20000) for 12 months and Rs.(50000 + 20000 + 20000) for 12 months.
i.e, she invested Rs.50,000 for 12 months, Rs.70000 for 12 months and Rs.90000 for 12 months.
Sushma invested Rs. 70000 for 2 years; i.e, Rs.70000 for 24 months
And, Avanthi invested Rs.70000 for 1 year; i.e, Rs. 70000 for 12 months.

Their investing ratio:
Deepa : Sushma : Avanthi = (50,000 x 12 + 70000 x 12 + 90000 x 12):(70000 x 24):(70000 x 12)
= (25,20,000):(16,80,000):(8,40,000) = 252:168:84 = 3:2:1

Total profit for 3 years = Rs.3,00,000
Therefore, Sushma's share = Rs.(3,00,000 x 2 /(3+2+1)) = Rs.(3,00,000 x 2/6) = Rs.1,00,000.

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Filed Under: Partnership
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Q:

Train K crosses a stationary Train L in 50 seconds and a pole in 20 seconds with the same speed. The length of the Train K is 240 meters. What is the length of stationary Train L ?

A) 60 mts B) 120 mts
C) 240 mts D) 360 mts
 
Answer & Explanation Answer: D) 360 mts

Explanation:

Speed of the Train K is given by s = d/t = 240/20 = 12 m/s
Distance covered by Train K in 50 seconds = 12 x 50 = 600 mts.
But it crosses Train L in 50 seconds
Therefore, the length of the Train L is = 600 - 240 = 360 mts.

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Q:

Statement : Let there be a signboard also indicating the directions and instructions.

Assumptions :
a) Signboard can be prepared without using any language.
b) Signboard is the only effective tool to indicate directions.

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

Explanation:

The statement doesn't give any clue to the use of language. Hence a is not implicit.
b is also not implicit because in the sentence 'only' indicates false meaning.

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Filed Under: Statement and Assumptions
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Q:

Ram and Raj start a business with investments of Rs. 2500 and Rs. 2250 respectively. After 2 months, Ram takes out Rs.1250 from his capital. After 1 more month, Raj takes out Rs.750 of his capital while Rakesh joins them with a capital of Rs. 3500. At the end of 6 months, they earn a profit of Rs. 2540. Which of the following is the share of each member in the profit ?

A) Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 840 B) Ram - Rs. 900, Raj - Rs. 800, Rakesh - Rs. 840
C) Ram - Rs. 840, Raj - Rs. 920, Rakesh - Rs. 840 D) Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 940
 
Answer & Explanation Answer: A) Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 840

Explanation:

Initial investment of Ram = Rs.2500.
After 2 months he withdraw Rs.1250 from his capital.
Therefore, we have, Ram invested Rs.2500 for 2 months and Rs.(2500-1250=) 1250 for 4 months.

Raj invested Rs. 2250 for 3 months and Rs.(2250-750=) 1500 for 3 months.

And, Rakesh invested Rs.3500 for 3 months;

Their investing ratio:
Ram:Raj:Rakesh = (2500x2 + 1250x4):(2250x3 + 1500x3):(3500x3)
= (10,000):(11,250):(10,500) = 1000:1125:1050 = 40:45:42

Total profit for 6 months = Rs.2540
Therefore, Ram's share = Rs.(2540 x 40/(40+45+42)) = Rs.(2540 x 40/127) = Rs.800
Raj's share = Rs.(2540 x 45/127) = Rs.900
Rakesh's share = Rs.(2540 x 42/127) = Rs.840

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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) 12,421 B) 9,423
C) 11,600 D) 10,500
 
Answer & Explanation Answer: D) 10,500

Explanation:

The ratio of their investments:
50000x36 : 80000x30 = 3 : 4
Simran's share of profit = (24500x3/7) = Rs.10,500.

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Q:

How many 4-letter words with or without meaning, can be formed out of the letters of the word, 'LOGARITHMS', if repetition of letters is not allowed ?

A) 5040 B) 2525
C) 2052 D) 4521
 
Answer & Explanation Answer: A) 5040

Explanation:

The Word LOGARITHMS  contains 10 letters.

To find how many 4 letter words we can form from that = P410 =10x9x8x7 = 5040.

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Filed Under: Permutations and Combinations
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Q:

Statement: The Chairman stressed the need for making education system more flexible and regretted that the curriculum has not been revised in keeping with the pace of the changes taking place.
Course of action:
a. Curriculum should be reviewed and revised periodically.
b. System of education should be made more flexible.

A) Only a follows B) Only b follows
C) Both a & b follows D) Neither a nor b follows
 
Answer & Explanation Answer: C) Both a & b follows

Explanation:

Clearly, the situation demands making the education system more flexible and changing it periodically according to the needs of the time. So, both the courses follow.

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Q:

P and Q were assigned to do a work for an amount of 1200. P alone can do it in 15 days while Q can do it in 12 days. With the help of R they finish the work in 6 days. Find the share of R ?

A) 120 B) 240
C) 360 D) 180
 
Answer & Explanation Answer: A) 120

Explanation:

1/15 + 1/12 + 1/R = 1/6, we got R = 60 (it means R will take 60 days to complete the work alone)


so ratio of work done by P:Q:R = 1/15 : 1/12 : 1/60 = 5 : 4 : 1


so R share = (1/10) x 1200 = 120.

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Filed Under: Time and Work
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