Q:

Munna and Chinna are partners in a firm out of which Munna is sleeping partner and Chinna is working partner. Munna invests Rs. 1,40,000 and Chinna invests Rs. 80,000. Chinna receives 14.5% of profit for managing the business and the rest is shared between both in ratio of their investments. Munna's share in the profit of Rs. 19600 is ?

A) Rs. 9580.25 B) Rs. 10600
C) Rs. 10664.15 D) Rs. 11060.48
 
Answer & Explanation Answer: C) Rs. 10664.15

Explanation:

Profit received by Chinna as working partner = 14.5% of Rs. 19600

= 14.5x19600/100 = Rs. 2842

Balance in profit = 19600-2842 = Rs. 16758

Ratio of investment of Chinna & Munna = 80,000 : 1,40,000 = 4 : 7

Hence share of Chinna in investment = 4x16758/100 = Rs. 6093.85

Therefore, Share of Munna = 19600 - 2842 - 6093.85 = Rs. 10664.15

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Filed Under: Partnership
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7 5683
Q:

Watson bought a book for Rs. 240 and sold to Johny at a profit  of 50%. Johny wants to sell this book to Shekar so that he earns a profit of 25%. But Shekar is adamant at buying this book at a discount of 10%. What marked price should Johny quote to Shekar so as to achieve desired profit ?

A) Rs. 450 B) Rs. 360
C) Rs. 415 D) Rs. 500
 
Answer & Explanation Answer: D) Rs. 500

Explanation:

Watson bought the book for Rs. 240 and sold to Johny at a profit of 50%.

S.P = C.P(1 + P%/100)

=> S.P for Watson = C.P for Johny = 240(1 + 50/100) = 240 x 1.5 = Rs. 360

Let Johny quoted the marked price of the book as Rs. M

We know, SP = M.P(1 - Discount(%)/100)

Here discount = 10% to Shekar,

S.P for Johny = M(1 - 10/100) = 0.9M

But Johny want to earn 25% profit,

=> S.P = C.P(1 + P%/100)

=> 0.9M = 360(1 + 25/100)

=> M = (360x1.25)/0.9

=> M = Rs. 500

Therefore, Johny should quote Rs. 500 as the marked price of the book to get 25% profit and allowing 10% discount to Shekar.

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Filed Under: Profit and Loss
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7 4112
Q:

The bank which has launched new scheme 'Shubh Aarambh Home Loan' was ?

A) SBI B) Central Bank of India
C) Syndicate Bank D) Axis Bank
 
Answer & Explanation Answer: D) Axis Bank

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
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7 2885
Q:

Tribal Cooperative Marketing Development Federation of India Limited (TRIFED) has celebrated 'World Honey Bee Day' on ?

A) 19th Augusrt B) 21st August
C) 18th August D) 16th August
 
Answer & Explanation Answer: A) 19th Augusrt

Explanation:
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7 3076
Q:

Who has topped the Forbes Magazine’s list of the world’s highest paid actors 2017 ?

A) Vin Diesel B) Jacky Chan
C) Dwayne Johnson D) Mark Wahlberg
 
Answer & Explanation Answer: D) Mark Wahlberg

Explanation:
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Filed Under: Famous Personalities
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7 2688
Q:

In a mixture, the ratio of juice and water is 4 : 3. By adding 6 litre water the ratio of juice and water will be 8 : 7. What is the amount of juice in the original mixture ?

A) 38 lit B) 96 lit
C) 48 lit D) 52 lit
 
Answer & Explanation Answer: C) 48 lit

Explanation:

Let the amount of juice and water in original mixture '4x' litre and '3x' litre respectively.

According to given data,

4x/3x+6 =8/7

28x=24x+48

28x–24x=48

4x = 48

x = 12

Amount of juice = 4x = 4×12 = 48 litre.

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Filed Under: Alligation or Mixture
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7 7144
Q:

At an examination in which maximum marks are 500. K got 10% less than L, L got 25% more than M and M got 20% less than N. If K got 360 marks what percentage of marks was obtained by N ?

A) 80 B) 87
C) 78 D) 76
 
Answer & Explanation Answer: A) 80

Explanation:

Let marks obtained by N = x

M's marks = 0.80x

L's marks = 1.25 (0.80x)

K's marks = (0.90) (1.25) (0.80x)

= 0.9x

But 0.9x = 360 ⇒ x = 400

Percentage of Marks obtained by N

= 400 x 100/500 = 80%

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Filed Under: Percentage
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7 5986
Q:

In the following number series only one number is wrong. Find out the wrong number ?

6, 15, 35, 63, 143, 221, 323

A) 143 B) 63
C) 323 D) 35
 
Answer & Explanation Answer: B) 63

Explanation:

Here the series follows the pattern that, product of succesive prime numbers i.e,

 2 × 3 = 6

 3 × 5 = 15

 5 × 7 = 35

 7 × 11 = 77

 11 × 13 = 143

 13 × 17 = 221

 17 × 19 = 323

So here in place of 77 the number 63 is written.

So the wrong number is 63.

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Filed Under: Odd Man Out
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7 24190