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Aptitude

Rajeev buys good worth Rs. 6650. He gets a rebate of 6% on it. After getting the rebate, he pays sales tax @ 10%. Find the amount he will have to pay for the goods.

Question: Rajeev buys good worth Rs. 6650. He gets a rebate of 6% on it. After getting the rebate, he pays sales tax @ 10%. Find the amount he will have to pay for the goods.
[A].

Rs. 6876.10

[B].

Rs. 6999.20

[C].

Rs. 6654

[D].

Rs. 7000

Answer: Option A

Explanation:

Rebate = 6% of Rs. 6650 = Rs. 6 x 6650 = Rs. 399.
100
Sales tax = 10% of Rs. (6650 – 399) = Rs. 10 x 6251 = Rs. 625.10
100

Final amount = Rs. (6251 + 625.10) = Rs. 6876.10

Video Explanation: https://youtu.be/XuiggCTh3SU

Rajeev buys good worth Rs. 6650. He gets a rebate of 6% on it. After getting the rebate, he pays sales tax @ 10%. Find the amount he will have to pay for the goods. Read More »

Aptitude, Percentage

A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A’s share is Rs. 855, the total profit is:

Question:
A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A’s share is Rs. 855, the total profit is:

[A].

Rs. 1425

[B].

Rs. 1500

[C].

Rs. 1537.50

[D].

Rs. 1576

Answer: Option B

Explanation:

Let the total profit be Rs. 100.

After paying to charity, A’s share = Rs. 95 x 3 = Rs. 57.
5

If A’s share is Rs. 57, total profit = Rs. 100.

If A’s share Rs. 855, total profit = 100 x 855 = 1500.
57

A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A’s share is Rs. 855, the total profit is: Read More »

Aptitude, Partnership

Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?

Question: Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?

[A].

5 : 7 : 8

[B].

20 : 49 : 64

[C].

38 : 28 : 21

[D].

None of these

Answer: Option B

Explanation:

Let their investments be Rs. x for 14 months, Rs. y for 8 months and Rs. z for 7 months respectively.

Then, 14x : 8y : 7z = 5 : 7 : 8.

Now, 14x = 5       98x = 40y       y = 49 x
8y 7 20
And, 14x = 5       112x = 35z       z = 112 x = 16 x.
7z 8 35 5
x : y : z = x : 49 x : 16 x = 20 : 49 : 64.
20 5

Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments? Read More »

Aptitude, Partnership

A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B’s contribution in the capital?

Question:
A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B’s contribution in the capital?

[A].

Rs. 7500

[B].

Rs. 8000

[C].

Rs. 8500

[D].

Rs. 9000

Answer: Option D

Explanation:

Let B’s capital be Rs. x.

Then, 3500 x 12 = 2
7x 3

14x = 126000

x = 9000.

A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B’s contribution in the capital? Read More »

Aptitude, Partnership

A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.

Question:
A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.

[A].

Rs. 1900

[B].

Rs. 2660

[C].

Rs. 2800

[D].

Rs. 2840

Answer: Option B

Explanation:

For managing, A received = 5% of Rs. 7400 = Rs. 370.

Balance = Rs. (7400 – 370) = Rs. 7030.

Ratio of their investments = (6500 x 6) : (8400 x 5) : (10000 x 3)

   = 39000 : 42000 : 30000

   = 13 : 14 : 10

B’s share = Rs. 7030 x 14 = Rs. 2660.
37

A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit. Read More »

Aptitude, Partnership

A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew of his capital and B withdrew of his capital. The gain at the end of 10 months was Rs. 760. A’s share in this profit is:

Question:
A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew of his capital and B withdrew of his capital. The gain at the end of 10 months was Rs. 760. A’s share in this profit is:

[A].

Rs. 330

[B].

Rs. 360

[C].

Rs. 380

[D].

Rs. 430

Answer: Option A

Explanation:

A : B = 4x x 3 + 4x – 1 x 4x x 7 : 5x x 3 + 5x – 1 x 5x x 7
4 5

   = (12x + 21x) : (15x + 28x)

   = 33x :43x

   = 33 : 43.

A’s share = Rs. 760 x 33 = Rs. 330.
76

A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew of his capital and B withdrew of his capital. The gain at the end of 10 months was Rs. 760. A’s share in this profit is: Read More »

Aptitude, Partnership

A, B and C enter into a partnership in the ratio : : . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B’s share in the profit is:

Question:
A, B and C enter into a partnership in the ratio : : . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B’s share in the profit is:

[A].

Rs. 2100

[B].

Rs. 2400

[C].

Rs. 3600

[D].

Rs. 4000

Answer: Option D

Explanation:

Ratio of initial investments = 7 : 4 : 6 = 105 : 40 : 36.
2 3 5

Let the initial investments be 105x, 40x and 36x.

A : B : C = 105x x 4 + 150 x 105x x 8 : (40x x 12) : (36x x 12)
100

   = 1680x : 480x : 432x = 35 : 10 : 9.

Hence, B’s share = Rs. 21600 x 10 = Rs. 4000.
54

A, B and C enter into a partnership in the ratio : : . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B’s share in the profit is: Read More »

Aptitude, Partnership

A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A, B and C?

Question: A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A, B and C?

[A].

3 : 5 : 2

[B].

3 : 5 : 5

[C].

6 : 10 : 5

[D].

Data inadequate

Answer: Option C

Explanation:

Let the initial investments of A and B be 3x and 5x.

A : B : C = (3x x 12) : (5x x 12) : (5x x 6) = 36 : 60 : 30 = 6 : 10 : 5.

A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A, B and C? Read More »

Aptitude, Partnership

A, B, C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent?

Question:
A, B, C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent?

[A].

Rs. 45

[B].

Rs. 50

[C].

Rs. 55

[D].

Rs. 60

Answer: Option A

Explanation:

A : B : C = (10 x 7) : (12 x 5) : (15 x 3) = 70 : 60 : 45 = 14 : 12 : 9.

C’s rent = Rs. 175 x 9 = Rs. 45.
35

A, B, C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent? Read More »

Aptitude, Partnership

A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:

Question: A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:

[A].

Rs. 8400

[B].

Rs. 11,900

[C].

Rs. 13,600

[D].

Rs. 14,700

Answer: Option D

Explanation:

Let C = x.

Then, B = x + 5000 and A = x + 5000 + 4000 = x + 9000.

So, x + x + 5000 + x + 9000 = 50000

3x = 36000

x = 12000

A : B : C = 21000 : 17000 : 12000 = 21 : 17 : 12.

A’s share = Rs. 35000 x 21 = Rs. 14,700.
50

A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives: Read More »

Aptitude, Partnership