Mr.Shivkumar started a business investing Rs.25,000 in 1996. In 1997 he invested an additional amount of Rs.10,000 and Mr.Rakesh joined him with an amount of Rs.35,000 in 1998. Mr.Shivkumar invested another additional amount of Rs.10,000 and Mr.Suresh joined them with an amount of Rs.35,000. What will be Rakesh's share in the profit of Rs.1,50,000 earned at the end of three years from the start of the business in 1996?

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (SBI) 2001 click here to view all questions

Mr.Shivkumar started a business investing Rs.25,000 in 1996. In 1997 he invested an additional amount of Rs.10,000 and Mr.Rakesh joined him with an amount of Rs.35,000 in 1998. Mr.Shivkumar invested another additional amount of Rs.10,000 and Mr.Suresh joined them with an amount of Rs.35,000. What will be Rakesh's share in the profit of Rs.1,50,000 earned at the end of three years from the start of the business in 1996?

ARs.70,000

BRs.50,000

CRs.45,000

D Rs.75,000

Nithin ? Aug 3 '2022 at 5:59

Correct answer: Rs.50,000

Explanation:

Shivkumar's equivalent capital

= (25000 x 3) + (10000 x 2) + (10000 x 1) = 105000

Rakesh's equivalent capital = 35000 x 2 = 70000

Suresh's equivalent capital = 35000 x 1 = 35000

Total profit of Rs.150000 will be distributed in the ratio of their equivalent capitals.

Shivkumar : Rakesh : Suresh = 105 : 70 : 35

= 3 : 2 : 1

Rakesh's share in the total profit = 2/(3 + 2 + 1) x 150000

= Rs.50000
 

View Answer

Discuss

Mr.X a businessman had the income in the year 1995, such that he can-led a profit of 20% on his investment in the business. In the year 1996 his investment was less by Rs.5,000 but still had the same income (Income = Investment + Profit) as that in 1995. Thus the per cent profit earned in 1996 increased by 6%. What was his investment in 1995?

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (SBI) 2001 click here to view all questions

Mr.X a businessman had the income in the year 1995, such that he can-led a profit of 20% on his investment in the business. In the year 1996 his investment was less by Rs.5,000 but still had the same income (Income = Investment + Profit) as that in 1995. Thus the per cent profit earned in 1996 increased by 6%. What was his investment in 1995?

ARs.1,02,000

BRs.1,52,500

CRs.1,05,000

D Data inadequate

Nithin ? Aug 2 '2022 at 21:45

Correct answer is: Rs.1,05,000

Explanation:

Let the investment in 1995 be Rs.x

Income in 1995 with 20% profit = 1.20x

Also the income in 1996 = 1.20x

Investment in 1996

= Rs.(x - 5000)

Profit in 1996 = (20 + 6)% = 26%

Income in 1996 with 26% profit

= 1.26 (x - 5000)

Therefore, 1.26 (x 5000) = 1.20x

0.06 x = 1.26 x 5000

\(x = \Large \frac{6300}{0.06}\)

x = Rs.105000

View Answer

Discuss

An article was sold for Rs. 5220 at a loss of 42% of the cost price. What will be the selling price of the article for a profit of 42% ?

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (Corporation Bank) 2014 click here to view all questions

An article was sold for Rs. 5220 at a loss of 42% of the cost price. What will be the selling price of the article for a profit of 42% ?

ARs. 12580

BRs. 17280

CRs. 12780

DRs. 15280

Nithin ? Aug 2 '2022 at 21:29

Correct answer is: Rs.12780

Explanation:

C.P. of article

\(= \Large 5220 \times \frac{100}{ \left(100-42\right) }\)

\(= \Large \frac{5220 \times 100}{58} \text{ = Rs.9000}\)

\(\therefore \text{ Required S.P.}\)

\(= \Large \frac{9000 \times 142}{100} \text{ = Rs.12780}\)

View Answer

Discuss

A shopkeeper sells two watches for Rs.308 each. On one he gets 12% profit and on the other 12% loss. His profit or loss in the entire transaction was

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (Ibps Bank) 2013 click here to view all questions

A shopkeeper sells two watches for Rs.308 each. On one he gets 12% profit and on the other 12% loss. His profit or loss in the entire transaction was

A$\Large 1\frac{11}{25} \text{% loss}$

B$\Large 1\frac{11}{25} \text{ % gain}$

C$\Large 3\frac{2}{25} \text{ % loss}$

D$\Large 3\frac{2}{25} \text{ % gain}$

Nithin ? Aug 2 '2022 at 20:54

Correct answer is: \(\Large 1\frac{11}{25} \text{ % loss}\)

Explanation:
\(\text{= }\Large \left(\frac{Common\ gain\ or\ loss}{10}\right)^{2}\)

\(= \Large \left(\frac{12}{10}\right)^{2} =\frac{36}{25} = 1\frac{11}{25}\)

View Answer

Discuss

Manish bought 25 kg ofrice at Rs.32 per kg and 15 kg of rice at Rs.36 per kg. What profit did he get when he mixed the two varieties together and sold it at Rs.40.20 per kg ?

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (Ibps Bank) 2013 click here to view all questions

Manish bought 25 kg ofrice at Rs.32 per kg and 15 kg of rice at Rs.36 per kg. What profit did he get when he mixed the two varieties together and sold it at Rs.40.20 per kg ?

A0.25

B0.4

C0.3

D0.2

nithin ? Aug 2 '2022 at 8:29

Correct answer is: 0.2

Explanation:

\(\text{CP. of 40 kg of mixture = Rs. }\Large 25 \times 32 + 15 \times 36\)

\(\text{= Rs }\Large 25 \times 32 + 15 \times 36\)

\(\text{= Rs. }\Large \left(800 + 540\right) \text{= Rs. 1340}\)

\(\text{SP of 40 kg of mixture}\)

\(\text{= Rs}. \left(40 \times 40.2\right) \text{= Rs.1608}\)

\(\text{Profit = Rs. (1608 - 1340) = Rs.268}\)

\(\text{Profit % = } \Large \frac{268}{1340} \times 100 \text{= 20%}\)

View Answer

Discuss

A man sells calculator at the rate of Rs.250 each which includes a profit of 14 per cent. What amount of profit will he earn in 19 days if he sells seven calculators per day?

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (IDBIBank) 2012 click here to view all questions

A man sells calculator at the rate of Rs.250 each which includes a profit of 14 per cent. What amount of profit will he earn in 19 days if he sells seven calculators per day?

ARs.4665

BRs.4565

CRs.4545

DNone of these

Nithin ? Aug 2 '2022 at 7:49

Correct Answer is: None of these

Explanation:

\(\text{Profit on one calculator = Rs. }\Large \left(250 \times \frac{14}{114}\right)\)

\(\therefore \text{ Total profit = } \Large \frac{7 \times 19 \times 250 \times 14}{114} \text{ = Rs. 4083.}\)

View Answer

Discuss

An article was purchased for Rs.78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (Ibps Bank) 2012 click here to view all questions

An article was purchased for Rs.78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?

A4

B7

C5

D 3

nithin ? Aug 1 '2022 at 22:1

Correct answer is: 4

Explanation:

Gain per cent (% change)

\(\Large \left(30-20-\frac{30 \times 20}{100}\right) \text{% = 4%}\)

 

View Answer

Discuss