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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:

Find the value of 'n' for which the nth term of two AP'S:

15,12,9.... and -15,-13,-11...... are equal?

A) n = 2 B) n = 5
C) n = 29/5 D) n = 1
 
Answer & Explanation Answer: C) n = 29/5

Explanation:

Given are the two AP'S:

15,12,9.... in which a=15, d=-3.............(1) 

-15,-13,-11..... in which a'=-15 ,d'=2.....(2)

 

now using the nth term's formula,we get

a+(n-1)d = a'+(n-1)d'

substituting the value obtained in eq. 1 and 2,

15+(n-1) x (-3) = -15+(n-1) x 2

=> 15 - 3n + 3 = -15 + 2n - 2

=> 12 - 3n = -17 + 2n

=> 12+17 = 2n+3n

=> 29=5n

=> n= 29/5

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Filed Under: Permutations and Combinations
Job Role: Analyst

Q:

A certain sum is to be divided between A and B so that after 5 years the amount received by A is equal to the amount received by B after 7 years. The rate of interest is 10%, interest compounded annually. Find the ratio of amounts invested by them.

please solve this

Answer

Let the sum(principal) received by A and B are x and y.


(1+r) =  =


Then,  =


Hence, the ratio in which the sum is divided =121:100

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Subject: Compound Interest Exam Prep: Bank Exams

Q:

At which particular place on earth are days and nights of equal length always?

A) Prime Meridian B) Poles
C) Equator D) No where
 
Answer & Explanation Answer: C) Equator

Explanation:
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Filed Under: General Awareness

Q:

USA suggested a policy, according to which all countries would have equal rights to trade anywhere in China,was known as_______

A) open Door Policy B) Me Too Policy
C) Both (a) and (b) D) Universal Policy
 
Answer & Explanation Answer: C) Both (a) and (b)

Explanation:

After the defeat of china by Japan in a war over Korea in 1894,France, Russia, Britain and Germany gave loan to china to help it to the payment of 150 million dollors demanded by japan. These western countries the divided china into spheres of influence, which meant that each country had certain regions of china reserved exclusively for its purposes.

          The united states feared that china would be completely parcelled out in exclusive 'spheres of influence' and that its trade with china would be shut off. The USA, therefore, suggested the policy known as the "Open Door". This policy is also described as "Mee too Policy".

          The division of China into "spheres of influence' has often been described as the "cutting of the Chinese melon".

 

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Filed Under: World History

Q:

A coin is tossed twice if the coin shows head it is tossed again but if it shows a tail then a die is tossed. If 8 possible outcomes are equally likely. Find the probability that the die shows a number greater than 4, if it is known that the first throw of the coin results in a tail

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

Explanation:

Here Sample space S = { HH, HT, T1, T2, T3, T4, T5, T6 }

 

Let A be the event that the die shows a number greater than 4 and B be the event that the first throw of the coin results in a tail then,

 

 A = { T5, T6 }

 

 B = { T1, T2, T3, T4, T5, T6 }

 

Therefore, Required probability = PAB=PABPB=2868=13

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Filed Under: Probability

Q:

One card is drawn from a pack of 52 cards , each of the 52 cards being equally likely to be drawn. Find the probability that the card  drawn is neither a spade nor a king.

A) 0 B) 9/13
C) 1/2 D) 4/13
 
Answer & Explanation Answer: B) 9/13

Explanation:

There are 13 spades ( including one king). Besides there are 3 more kings in remaining 3 suits

 

Thus   n(E) = 13 + 3 = 16

 

Hence nE¯=52-16=36 

  

Therefore, PE=3652=913

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Filed Under: Probability

Q:

Can you arrange 9 numerals - 1, 2, 3, 4, 5, 6, 7, 8 and 9 [using each numeral just once] above and below a division line, to create a fraction equaling to 1/3 [one third]?

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Subject: Number Puzzles