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Q1. A starts a business with Rs.70,000. After 2 months, B joined him with Rs.90,000. C joined them after some more time with Rs.1,40,000. At the end of the year, out of a total profit of Rs.4,25,000, C gets Rs.1,30,000 as his share. How many months after B joined the business, did C join?
a) 8 (3/4) months
b) 5 months
c) 4 (1/2) months
d) 2 (1/2) months
e) None of the above
Q2. A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?
a) Rs. 39000
b) Rs. 49000
c) Rs. 59000
d) Rs. 69000
e) None of the above
Q3. Rahul and Rafick start a business with investments of Rs. 2500 and Rs. 2250 respectively. After 2 months, Rahul takes out Rs.1250 from his capital. After 1 more month, Rafick takes out Rs.750 of his capital while Ramesh joins them with a capital of Rs. 3500. At the end of 6 months, they earn a profit of Rs. 2540. Which of the following is the share of each member in the profit?
a) Rahul - Rs. 700, Rafick - Rs. 950, Ramesh - Rs. 890
b) Rahul - Rs. 800, Rafick - Rs. 900, Ramesh - Rs. 840
c) Rahul - Rs. 840, Rafick - Rs. 800, Ramesh - Rs. 900
d) Rahul - Rs. 900, Rafick - Rs. 750, Ramesh - Rs. 890
e) None of the above
Q4. In a business, A invested 1/3rd of the total investment in 1/3rd of the period of investment, B invested 1/4th of the total investment in 1/4th of the period of investment and remaining was invested by C in the remaining period. Then the ratio's between their shares is:
a) 25:9:16
b) 9:25:16
c) 16:9:25
d) 25:16:9
e) None of the above
Q5. In a business, A invested 3 times that of B and the period of investment of A is 2 times that of B. Then their profit ratio is:
a) 6:1
b) 1:6
c) 3:2
d) 2:3
e) None of the above
Q6. A and B invested in a business in the ratio 2:3 and the ratio of their period of investment is 4:5. Then their profit ratio is:
a) 10:12
b) 15:08
c) 12:10
d) 8:15
e) None of the above
Q7. A and B invested Rs. 20,000/- and Rs. 25,000/- respectively in a business. 20% of the profit goes to charities. The rest is divided in proportion to their capitals out of a total profit of Rs. 9000/-. A's share is:
a) Rs. 4000/-
b) Rs. 3600/-
c) Rs. 5000/-
d) Rs. 3200/-
e) None of the above
Q8. A and B started a partnership business investing Rs. 20,000 and Rs. 15,000 respectively. C joined them with Rs. 20,000 After six months. Calculate B's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?
a) Rs. 9000/-
b) Rs. 7500/-
c) Rs. 5000/-
d) Rs. 6500/-
e) None of the above
Q9. Suresh started a business with Rs.20,000. Kiran joined him after 4 months with Rs.30,000. After 2 months, Suresh withdrew Rs.5,000 of his capital and 2 more months later, Kiran brought in Rs.20,000 more. What should be the ratio in which they should share their profits at the end of the year?
a) 21 : 32
b) 21 : 22
c) 32 : 21
d) 32 : 27
e) None of the above
Q10. A, B started a business by investing Rs.3000/- and Rs.5000/-. A is working and B is sleeping partner. A gets 10% of profits for managing, the rest being divided in proportion to their capitals out of a total profit of Rs.8,000/-. Then find the A's total.
a) Rs. 3300/-
b) Rs. 3000/-
c) Rs. 3500/-
d) Rs. 4500/-
e) None of the above
Answers:
c) 4 (1/2) months
c) Rs. 59000
b) Rahul - Rs. 800, Rafick - Rs. 900, Ramesh - Rs. 840
c) 16:9:25
a) 6:1
d) 8:15
d) Rs. 3200/-
b) Rs. 7500/-
a) 21 : 32
c) Rs. 3500/-