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1. Four friends (A, B, C and D) started a business in partnership by investing capitals in the proportion 3 : 5 : 4 : 6. During the period of one-year, these capitals were utilized in the proportion of 6 : 4 : 5 : 3 respectively. If, at the end of the year, a profit of Rs. 15,550 was made, what will be the share of D?
A. Rs. 3250.5
B. Rs. 3750
C. Rs. 4062.59
D. Rs. 3682.89
Answer: Option D
Explanation:
A = (Investment * capital utilized) = (3 * 6) = 18
B = (5 * 4) = 20
C = (4 * 5) = 20
D = (6 * 3) = 18
Thus, out of Rs. 76 (18 +20 + 20 + 18), D's share is Rs. 18. Hence, out of Rs. 15,500 the share of D would be given as (18/76) * 15550 = Rs. 3682.89
2. A boy has to cover a total distance of 300 km. in 6 hours. He travels at a rate of 60 kmph. for the first 90 minutes and next 100 kms. at the rate of 50 kmph. At what average speed must he travel now in order to complete the journey in 6 hours?
A. 25 kmph.
B. 32 kmph
C. 44 kmph
D. 58 kmph
Answer: Option C
Explanation:
The boy travels 60 kmph for 90 min, this means he travels 90 km.
Next 100 km at the rate of 50 kmph, this means he travels 100 km.
Total distance traveled till now = 100 + 90 = 190 km
Time spent = 1.5 + 2 = 3.5 hr
Required speed = Remaining distance/ Time
= [latex]\frac{(300 – 190)}{(6 – 3.5) }[/latex]
= [latex]\frac{110}{2.5 }[/latex] = 44 kmph
3. A certain sum earns simple interest of Rs. 800 in 2 years at a certain rate of interest. If the same sum earns compound interest of Rs. 845 in the same period of 2 years, What must be the rate of interest?
A. 5% p.a.
B. 7.5% p.a.
C. 10% p.a.
D. 12.5% p.a.
Answer: Option C
Explanation:
Given: 800 = [latex]\frac{(P * R * 2)}{100 }[/latex]
S.I. For 1 year = Rs. 400
Thus, (840 – 800) = S.I. on Rs. 400 for 1 year
40 = [latex]\frac{(400 * R * 1)}{100 }[/latex]
R = 10% p.a.
4. An amount of Rs.20,000 is to be distributed amongst P, Q, R and S such that “P” gets twice as that of “Q” and “S” gets four times as that of “R”. If “Q” and “R” are to receive equal amount, what is the difference between the amounts received by S and P?
A. Rs. 5000
B. Rs. 4570
C. Rs. 2750
D. Rs. 2950
Answer: Option A
Explanation:
We have, P = 2Q & S = 4R
Further Q = R & P + Q + R + S = 20,000
Thus we get, 2Q + Q + Q + 4Q = 20,000
8Q = 20,000 or Q = Rs. 2500
Thus, R = Rs. 2500, P = 5000 & S = Rs. 10000
Hence, the required difference = (S – P) = (10000 – 5000) = Rs. 5000
5. By giving Rs. 50 to M, A would have the amount equal to what M had earlier. If the sum of the amounts with A and M is Rs. 650. What is the ratio of the amount with A to that with M earlier?
A. 7 : 4
B. 5 : 3
C. 2: 1
D. 7: 6
Answer: Option C
Explanation:
Let the amounts with A and M be Rs. “X” and Rs. “Y” respectively.
Thus, we have, X + Y = 650 and
X – 50 = Y
X – Y = 50.
Hence, X = 350 & Y = 300
Thus the required ratio is 350 : 300 = 7 : 6