Question : A and B start an enterprise together, with A as an active partner. A invests Rs. 4000 and Rs. 2000 more after 8 months. B invests Rs. 5000 and withdraws Rs. 2000 after 9 months. Being the active partner, A takes Rs 100 per month as an allowance from the profit. What is the share of B if the profit for the year is Rs. 6700?
Option 1: Rs. 3350
Option 2: Rs. 3250
Option 3: Rs. 2700
Option 4: Rs. 2800
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Correct Answer: Rs. 2700
Solution : The ratio of profits of A and B = (capital of A × time period of A) : (capital of B × time period of B) = (4000 × 8 + 6000 × 4) : (5000 × 9 + 3000 × 3) = 56000 : 54000 = 28 : 27 Total profit = Rs. 6700 Active partner allowance = 12 × 100 = Rs. 1200 So, the remaining profit = 6700 – 1200 = Rs. 5500 Profit of B = $\frac{27}{28 + 27}$ × 5500 = $\frac{27}{55}$ × 5500 = Rs. 2700 Hence, the correct answer is Rs. 2700.
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Question : The profit (in Rs.) after selling an article for Rs. 524 is the same as the loss (in Rs.) after selling it for Rs. 452. The cost price of the article is:
Option 1: Rs. 480
Option 2: Rs. 485
Option 3: Rs. 488
Option 4: Rs. 500
Question : If the difference between the compound interest and simple interest on a certain sum at the rate of 5% per annum for 2 years is Rs. 20, then the sum is:
Option 1: Rs. 2000
Option 2: Rs. 4000
Option 3: Rs. 6000
Option 4: Rs. 8000
Question : Ramesh purchases a table and a chair for Rs.3,900. He sells the table at a profit of 8% and the chair at a profit of 16%. He earns a profit of Rs.540. What is the difference between the original price of the table and the chair?
Option 1: Rs. 2,000
Option 2: Rs. 1,800
Option 3: Rs. 1,900
Option 4: Rs. 1,700
Question : The cost of an article is Rs. 200. If 20% profit is made after giving a 20% discount on the marked price, the marked price is:
Option 1: Rs. 300
Option 2: Rs. 320
Option 3: Rs. 420
Option 4: Rs. 450
Question : Three-fourths of a consignment was sold at a profit of 8% and the rest at a loss of 4%. If there was an overall profit of Rs. 600, then find the value of the consignment.
Option 1: Rs. 15,000
Option 2: Rs. 6,000
Option 3: Rs. 18,000
Option 4: Rs. 12,000
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