1.A starts business with Rs. 7000 and after 5 months, B joins with A as his partner. After 1 year, the profit is divided in the ratio 2 : 3. What is B’s contribution in the capital?
A)Rs 13000
B)Rs 12000
C)Rs 15000
D)Rs 18000
None of these
Answer – D (Rs 18000)
Explanation –
Let B’s capital be Rs. x. Then.
(7000 x 12) / 7x = 2/3 [ capital ratio= profit ratio] 14x = 252000 x = 18000
2.shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?
A)Rs Rs. 250,000.
B)Rs Rs. 120,000.
C)Rs Rs. 100,000.
D)Rs Rs. 150,000.
E)None of these
Answer – C (Rs. 100,000)
Explanation –
Shikha : Raju : Jolly
= (50000 x 12 + 70000 x 12 + 90000 x 12) : (70000 x 24) : (70000 x 12)
= 2520000 : 1680000 : 840000 = 3 : 2 : 1
Raju’s share = Rs.300,000 x 2/6 = Rs. 100,000.
3.A, B and C started a business. They invest Rs. 80,000, Rs. 160,000 and Rs. 2,40,000 respectively. At the end of the first year, B withdraws Rs. 80,000, while at the end of the second year, C withdraws Rs. 160,000. In what ratio will the profit be shared at the end of 3 years?
A)2:3:4
B)3:4:7
C)3:2:5
D)3:1:4
E)None of these
Answer – D (3:4:7)
Explanation – A : B : C = (80000 x 36) : (160000 x 12 + 80000 x 24)
(240000 x 24 + 80000 x 12) =144 : 192 : 336 = 3: 4 : 7
4.3 partners P, Q, R start a business. Twice P’s capital is equal to thrice Q’s capital and Q’s capital is four times R’s capital. Out of a total profit of Rs. 16,500 at the end of the year, Q’ share is:
A)2000
B)4000
C)5000
D)6000
E)None of these
Answer – D (6000)
Explanation – Let R = a. Then, Q = 4a and 2P = 3 x 4a = 12a or P = 6a.
∴ P : Q : R = 6a : 4a : a = 6 : 4 : 1.
So, Q’s capital = Rs. [16500 x 4/11] = Rs. 6000
5.A, B, C hired a car for Rs. 1040 and used it for 7,8 and 11 hours respectively. Hire charges paid by B were:
A)160
B)180
C)220
D)225
E)None of these
Answer – A (320)
Explanation – A : B : C = 7 : 8 : 11.
Hire charges paid by B = Rs. [1040 x 8/26] = Rs.320
A)Rs 13000
B)Rs 12000
C)Rs 15000
D)Rs 18000
None of these
Answer – D (Rs 18000)
Explanation –
Let B’s capital be Rs. x. Then.
(7000 x 12) / 7x = 2/3 [ capital ratio= profit ratio] 14x = 252000 x = 18000
2.shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?
A)Rs Rs. 250,000.
B)Rs Rs. 120,000.
C)Rs Rs. 100,000.
D)Rs Rs. 150,000.
E)None of these
Answer – C (Rs. 100,000)
Explanation –
Shikha : Raju : Jolly
= (50000 x 12 + 70000 x 12 + 90000 x 12) : (70000 x 24) : (70000 x 12)
= 2520000 : 1680000 : 840000 = 3 : 2 : 1
Raju’s share = Rs.300,000 x 2/6 = Rs. 100,000.
3.A, B and C started a business. They invest Rs. 80,000, Rs. 160,000 and Rs. 2,40,000 respectively. At the end of the first year, B withdraws Rs. 80,000, while at the end of the second year, C withdraws Rs. 160,000. In what ratio will the profit be shared at the end of 3 years?
A)2:3:4
B)3:4:7
C)3:2:5
D)3:1:4
E)None of these
Answer – D (3:4:7)
Explanation – A : B : C = (80000 x 36) : (160000 x 12 + 80000 x 24)
(240000 x 24 + 80000 x 12) =144 : 192 : 336 = 3: 4 : 7
4.3 partners P, Q, R start a business. Twice P’s capital is equal to thrice Q’s capital and Q’s capital is four times R’s capital. Out of a total profit of Rs. 16,500 at the end of the year, Q’ share is:
A)2000
B)4000
C)5000
D)6000
E)None of these
Answer – D (6000)
Explanation – Let R = a. Then, Q = 4a and 2P = 3 x 4a = 12a or P = 6a.
∴ P : Q : R = 6a : 4a : a = 6 : 4 : 1.
So, Q’s capital = Rs. [16500 x 4/11] = Rs. 6000
5.A, B, C hired a car for Rs. 1040 and used it for 7,8 and 11 hours respectively. Hire charges paid by B were:
A)160
B)180
C)220
D)225
E)None of these
Answer – A (320)
Explanation – A : B : C = 7 : 8 : 11.
Hire charges paid by B = Rs. [1040 x 8/26] = Rs.320
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