E-PolyLearning

1. A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is Rs. 855, the total profit is:
a. Rs. 1425
b. Rs. 1500
c. Rs. 1537.50
d. Rs. 1576
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Answer: (b).Rs. 1500

2. A, B and C jointly thought of engaging themselves in a business venture. It was agreed that A would invest Rs. 6500 for 6 months, B, Rs. 8400 for 5 months and C, Rs. 10,000 for 3 months. A wants to be the working member for which, he was to receive 5% of the profits. The profit earned was Rs. 7400. Calculate the share of B in the profit.
a. Rs. 1900
b. Rs. 2660
c. Rs. 2800
d. Rs. 2840
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Answer: (b).Rs. 2660

3. A, B and C enter into a partnership in the ratio 7/2 : 4/3 : 6/5. After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B's share in the profit is:
a. Rs. 2100
b. Rs. 2400
c. Rs. 3600
d. Rs. 4000
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Answer: (d).Rs. 4000

4. A, B, C subscribe Rs. 50,000 for a business. A subscribes Rs. 4000 more than B and B Rs. 5000 more than C. Out of a total profit of Rs. 35,000, A receives:
a. Rs. 8400
b. Rs. 11,900
c. Rs. 13,600
d. Rs. 14,700
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Answer: (d).Rs. 14,700

5. 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 their investments?
a. 5 : 7 : 8
b. 20 : 49 : 64
c. 38 : 28 : 21
d. None of these
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Answer: (b).20 : 49 : 64

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