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Q:

A, B, C hired a car for Rs. 520 and used it for 7, 8 and 11 hours respectively. Hire charges paid by B were :

A) 150 B) 160
C) 170 D) 180
 
Answer & Explanation Answer: B) 160

Explanation:

A : B : C = 7 : 8 : 11.

Hire charges paid by B = Rs. (520 *  8/26) = Rs. 160.

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Filed Under: Partnership

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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Filed Under: Partnership

Q:

A and B start a business jointly. A invests Rs. 16,000 for 8 months and B remains in  the business for 4 months, Out of total profit, B claims - of the profit. How much money was contributed by B ?

A) 12000 B) 12800
C) 13000 D) 14500
 
Answer & Explanation Answer: B) 12800

Explanation:

Let the total profit be Rs. x. Then, B = 2x/7 and A = (x - 2x /7) =  5x / 7.

So, A : B = 5x/7 : 2x/7 = 5 : 2.

Let B s capital be Rs. y. Then, (16000 * 8) / ( y * 4) = 5/2  <=> (16000 * 8 * 2) / (5 * 4) = 12800..  

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Filed Under: Partnership

Q:

National Income estimates in India are prepared by

A) Planning Commission B) Reserve Bank of India
C) Central statistical organisation D) Indian statistical Institute
 
Answer & Explanation Answer: C) Central statistical organisation

Explanation:
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Filed Under: Indian Economy

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) 10110 B) 10500
C) 12000 D) 13000
 
Answer & Explanation Answer: B) 10500

Explanation:

Simran : Nanda = (50000 * 36) : (80000 * 30) = 3 : 4.

Simran's share = Rs. ( 24500 * 3/7)  =  Rs. 10500.

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Filed Under: Partnership

Q:

How many gold medal have been won by India in the Olympics so far

A) 4 B) 6
C) 8 D) 10
 
Answer & Explanation Answer: C) 8

Explanation:
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Filed Under: Sports

Q:

When is International Day of Non-Violence,recognized by the UN,observed on M.K.Gandhi's birthday is observed

A) December 11 B) November 29
C) October 2 D) Second wednesday of october
 
Answer & Explanation Answer: C) October 2

Explanation:
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Filed Under: Important Days and Years

Q:

By how much is three-fifth of 350  greater than four-seventh of 210 ?

A) 90 B) 100
C) 110 D) 120
 
Answer & Explanation Answer: A) 90

Explanation:

3/5 of  350 - 4/7 of 210 = 210 - 120 = 90.

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Filed Under: Simplification