Question : INR 2,400 is divided among three kids in the ratio of 2 : 3 : 3. Find the lowest share.
Option 1: INR 500
Option 2: INR 600
Option 3: INR 700
Option 4: INR 400
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Correct Answer: INR 600
Solution : Given, INR 2,400 is divided among three kids in the ratio of 2 : 3 : 3. Let the three kids get $2x, 3x$ and $3x$ amount of money, respectively. According to the question, ⇒ $2x + 3x + 3x = 2400$ ⇒ $8x = 2400$ ⇒ $x = 300$ ⇒ The lowest share = $2x$ = 2 × 300 = INR 600 Hence, the correct answer is INR 600.
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Question : If INR 1,000 is divided into three parts in the ratio 2 : 3 : 5, find the value of the smallest part.
Option 1: INR 100
Option 2: INR 300
Option 3: INR 200
Question : A sum of money at simple interest amounts to INR 800 in 3 years and to INR 900 in 4 years. The sum is:
Option 1: INR 800
Option 3: INR 500
Option 4: INR 700
Question : Rs. 4,500 is divided among four friends in the ratio of $\frac{1}{6}: \frac{1}{4}: \frac{1}{3}: \frac{1}{2}$, What is the amount received by the person who got the smallest share?
Option 1: Rs. 1,100
Option 2: Rs. 600
Option 3: Rs. 500
Option 4: Rs. 800
Question : If INR 39,500 is divided into three parts in the ratio 24 : 15 : 40, then what is the value of the third part, in the given order?
Option 1: INR 18,000
Option 2: INR 12,000
Option 3: INR 7,500
Option 4: INR 20,000
Question : What is the simple interest on INR 2,000 for 4 years at the rate of 10% per annum?
Option 2: INR 800
Option 3: INR 600
Option 4: INR 1,000
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