Aptitude Contest - 8 With Answers

[HELP]

1. Manick received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Raunaq earned at the end of one year. If Manick invested Rs: 20,000 for 6 months,whereas Raunaq invested his amount for the whole year, what was the amount invested by Raunaq ?

(a) Rs. 4000
(b) Rs. 5000
(c) Rs. 6000
(d) Rs. 9000

2.. A, B and C enter into a partnership with a capital in which Ns contribute 8.Rs. 10,000. If out of a total profit of Rs. 1000, A gets Rs. 500 and B gets Rs. 300, :=Ja
C's capital is :

(a) Rs. 4000
(b) Rs. 5000
(c) Rs. 6000
(d) Rs. 9000

3 . A, Band C started a shop by investing Rs. 27,000, Rs. 72,000 and Rs. 81,000:
respectively. At the end of the year, the profits were distributed among them. If C’s
share of profit be Rs. 36,000, then the total profit was:
'
(a) Rs. 80,000
(b) Rs. 95,600
(c) Rs. 1,08,000
(d) Rs. 1,16,000
4. A and B started a business jointly. Ns investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B recived Rs. 4000 as profit, then their total profit is :

(a) Rs. 16,000
(b) Rs. 20,000
(c) Rs. 24,000
(d) Rs. 28,000

5. A started a business with Rs. 21,000 and is joined afterwards by B with Rs. 36,000 After how many months did B join if the profits at the end of the year are divided
equally?

(a) 3
(b) 4
(c) 5
(d) 6

6. A begin with business with 85,000. He was joined afterwards by B with Rs. 36,000
after how much period does B join, if the profits at the end of the year are divided inin to ratio of 3:1

(a) 4 months
(b) 5 months
(c) 6 months
(d) 8 months





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

(a) Rs. 7500
(b) Rs. 8000
(c) Rs. 8500
(d) Rs. 9000

8. A and B start a business jointly. A invests Rs. .16,000 for 8 months and B remains in the business for 4 months. Out of total profit, B claims 2/7 of the profit. How money was contributed by B ?

(a) Rs. 10,500
(b) Rs. 11,900
(c) Rs. 12,800
(d) Rs. 13,600

9. Two friends P and Q started a business investing in the ratio of 5 : 6. R joined them after six months investing an amount equal to that of Q's. At the end of the year 20% profit was earned which was equal to Rs. 98,000. What was the amount invested by R ?

(a) Rs. 1,05,000
(b) Rs. 1,75,000
(c) Rs. 2,10,000
(d) Data inadequate
(e) None of these




Answers

2. B


3. B


4. A


5. D


6. C


7. D


8. D


9. C


10. C

10. D





10. 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 there investments

(a) 5 : 7 : 8
(b) 28 : 49 : 64
(c) 38 : 28 : 21
(d) None of these
Edited by: HELP

[raghu]

1. Answer:


(B)


Explanation:


Manick Got 6000 and Raunaq got 9000-6000=3000


Interest ratefor 20000 for 6 months is => 60 %


So the investement made by Raunaq is 5000.

[raghu]

3 . A, Band C started a shop by investing Rs. 27,000, Rs. 72,000 and Rs. 81,000:respectively. At the end of the year, the profits were distributed among them. If C’sshare of profit be Rs. 36,000, then the total profit was:
(a) Rs. 80,000
(b) Rs. 95,600
(c) Rs. 1,08,000
(d) Rs. 1,16,000
Answer: A
Explanation:
Find out the interset rate for C's investment for 1 year, It's 400/9.
So total amt invested is 1,80,000 and Rate 400/9 For 1 year.
Profitis 80,000.

[raghu]

4. A and B started a business jointly. Ns investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B recived Rs. 4000 as profit, then their total profit is :

(a) Rs. 16,000
(b) Rs. 20,000
(c) Rs. 24,000
(d) Rs. 28,000
Explanation:
Let B's investment and time period be x and t respectively.
Then A's investment and time period will be 3x and 2t.
B's interest rate is=400000/xt
So A's profit =24,000
Answer is Total profit= 24000+4000=28000

[raghu]

5. A started a business with Rs. 21,000 and is joined afterwards by B with Rs. 36,000 After how many months did B join if the profits at the end of the year are dividedequally?
(a) 3
(b) 4
(c) 5
(d) 6
Answer: C
Explanation:
Let the profit of A and B is X RS. Each.
Interest rateof A is x/210 %
Then Time period of B is 7 months.
So B joined after12-7=5months.

[raghu]

7.. A starts business with Rs. 3500 and after 5 months, B joins with A as his ~-:After a year, the profit is divided in the ratio 2 : 3. What is B's contribution -=capital?
(a) Rs. 7500
(b) Rs. 8000
(c) Rs. 8500
(d) Rs. 9000
Answer: D

[keerthi]

1. Manick received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Raunaq earned at the end of one year. If Manick invested Rs: 20,000 for 6 months,whereas Raunaq invested his amount for the whole year, what was the amount invested by Raunaq ?
(a) Rs. 4000
(b) Rs. 5000
(c) Rs. 6000
(d) Rs. 9000
The profit is distributed among the partners in the ratio of their invertments.
let the investment of Raunaq be 'x' for 6 months.
His investment for one yr =2x
ratio of investments = ratio of profits
20,000/2x=6000/3000
on sloving x =5000

[raghu]

8. A and B start a business jointly. A invests Rs.16,000 for 8 months and B remains in the business for 4 months. Out of total profit, B claims 2/7 of the profit. How money was contributed by B ?
(a) Rs. 10,500
(b) Rs. 11,900
(c) Rs. 12,800
(d) Rs. 13,600
I am getting the answer as 12,800/3
Explain PLZ...

[raghu]

9. D
(d) Data inadequate

[keerthi]

2.. A, B and C enter into a partnership with a capital in which Ns contribut~ 8.Rs. 10,000. If out of a total profit of Rs. 1000, A gets Rs. 500 and B gets Rs. 300, :=Ja
C's capital is :
(a) Rs. 4000
(b) Rs. 5000
(c) Rs. 6000
(d) Rs. 9000
Ans)A
I think in ques A's contribution is 10,000
then Answer would be 4000
if u take it as B's contribution then there is no answer in the given choices
Sol:Ratio of their profits=5:3:2
let their investments be A's is 5x b's is 3x and c's is 2x
5x=10000
x=2000
So C's capital =2x=4000

[raghu]

10. 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 there investments
(a) 5 : 7 : 8
(b) 28 : 49 : 64
(c) 38 : 28 : 21


(d) None of these


Answer: 20:49:64

[keerthi]

8. A and B start a business jointly. A invests Rs. .16,000 for 8 months and B remains in the business for 4 months. Out of total profit, B claims 2/7 of the profit. How money was contributed by B ?
(a) Rs. 10,500
(b) Rs. 11,900
(c) Rs. 12,800
(d) Rs. 13,600
Sol:A's investment is 16000 for 8 months
Let B's investment be 'x' for 8months.
then B's investment for 4 months =x/2
ratio of investments=ratio of profits
B claims 2/7th of profit means A's profit is 5/7th part
16000:x/2= 5:2
solving for x we get x=12800Edited by: keerthi

[keerthi]

3 . A, Band C started a shop by investing Rs. 27,000, Rs. 72,000 and Rs. 81,000:
respectively. At the end of the year, the profits were distributed among them. If C’s
share of profit be Rs. 36,000, then the total profit was:
(a) Rs. 80,000
(b) Rs. 95,600
(c) Rs. 1,08,000
(d) Rs. 1,16,000
Ratio of investments is A:B:C =3:8:9
C's share =9/20(total profit)=36000
total profit =80,000

[raghu]

HI ,


Need clarification regd: 8th question.


What does that "B remians for 4 months" means?


Does it mean that B still remains in the busiess even after A is left? Then B must be in the business for 12 months.

[keerthi]

HI,


B remains for 4 months means


B'sHas left after 4 months of patner ship.


depending on the profit he expects we can find his investmentEdited by: keerthi