model 11 ratio & partnership Section-Wise Topic Notes With Detailed Explanation And Example Questions
MOST IMPORTANT quantitative aptitude - 11 EXERCISES
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New 199+ Profit & Loss Aptitude MCQs with Basic C.P & S.P »
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Top 250+ Profit & Loss Problems with Gain Lost Percentage »
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249+ Profit & Loss Aptitude MCQs Gain Lost % with C.P S.P »
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189+ Profit Loss Aptitude Sold Bought Practice MCQ Test »
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Top 179+ Profit & Loss Aptitude Practice Test for Bank Exam »
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New 189+ Profit and Loss Aptitude MCQs for All Govt Exams »
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189+ Profit and Loss Questions for All Competitive Exams »
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New 199+ Profit and Loss MCQ Test with Shortcuts, Tricks »
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Top 199+ Profit and Loss Aptitude Practice Test For UPSC »
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New 249+ Profit and Loss Questions and Answers for TNPSC »
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New 249+ Profit and Loss Questions and Answers for TNPSC »
The following question based on profit & loss topic of quantitative aptitude
(a) Rs.150
(b) Rs.125
(c) Rs.140
(d) Rs.145
The correct answers to the above question in:
Answer: (d)
C.P. of 40kg of mixture
= Rs.(15 × 29 + 25 × 20)
= Rs.(435 + 500) = Rs.935
S.P. of 40kg of mixture
= 27 × 40 = Rs.1080
Gain = 1080 - 935 = Rs.145
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Read more ratio partnership Based Quantitative Aptitude Questions and Answers
Question : 1
A, B, C enter into a partnership. A contributes Rs.3,20,000 for 4 months, B contributes Rs.5,10,000 for 3 months and C contributes Rs.2,70,000 for 5 months. If the total profit be Rs.1,24,800, then A’s share in the profit is
a) Rs.45,900
b) Rs.38,400
c) Rs.40,500
d) Rs.41,500
Answer »Answer: (b)
Ratio of profit sharing among A, B and C
= Ratio of equivalent capitals of
A, B and C for 1 month
= 320000 × 4 : 510000 × 3 : 270000 × 5
= 32 × 4 : 51 × 3 : 27 × 5
= 128 : 153 : 135
Sum of ratios = 128 + 153 + 135 = 416
Total profit = Rs.124800
A’s share = $128/416 × 124800$ = Rs.38400
Question : 2
A milkman makes 20% profit by selling milk mixed with water at Rs.9 per litre. If the cost price of 1 litre pure milk is Rs.10, then the ratio of milk and water in the said mixture is
a) 4 : 1
b) 3 : 1
c) 3 : 2
d) 4 : 3
Answer »Answer: (b)
Let Milk : Water = K : 1
S.P. = (K + 1) × 9
C.P. = 10K; Gain = 9 - K
Gain % = ${9 - K}/{10K} × 100$
${9 - K}/{10K} × 100$ = 20
90 - 10K = 20K
30K = 90 ⇒ K = 3
Ratio = 3 : 1
Question : 3
A started a business with a capital of Rs.1,00,000. One year later, B joined him with a capital of Rs.2,00,000. At the end of 3 years from the start of the business, the profit earned was 84,000. The share of B in the profit exceeded the share of A by
a) Rs.12,000
b) Rs.10,000
c) Rs.14,000
d) Rs.15,000
Answer »Answer: (a)
Ratio of equivalent capitals of A and B for 1 month
= 100000 × 36 : 200000 × 24
= 36 : 48 = 3 : 4
Part of profit gained by A = $3/7$
Part of profit gained by B = $4/7$
Required difference
$(4/7 - 3/7) × 84000$ = Rs.12000
Question : 4
A, B and C entered into a partnership. A invested Rs.2,560 and B Rs.2,000. At the end of the year, they gained Rs.1,105, out of which A got Rs.320. C’s capital was
a) Rs.2,840
b) Rs.4,280
c) Rs.4,820
d) Rs.4,028
Answer »Answer: (b)
Ratio of investment of A : B
= 2560 : 2000 = 32 : 25
Now, A gained = Rs.320
B gained = Rs.250
Total Profit = Rs.110
C gained = Rs.535
According to question,
$250/535 = 2000/\text"C's Capital"$
Hence, C's capital
= ${2000 × 535}/250$ = Rs.4280
Question : 5
The prices of a refrigerator and a television set are in the ratio 5 : 3. If the refrigerator costs Rs.5500 more than the television set, then the price of the refrigerator is:
a) Rs.8250
b) Rs.27500
c) Rs.13750
d) Rs.16500
Answer »Answer: (c)
CP of refrigerator = Rs.5x
CP of television = Rs.3x
2x = 5500 ⇒ x = $5500/2$ = 2750
CP of refrigerator = 5 × 2750 = Rs.13750
Question : 6
The cash difference between selling prices of an article at a profit of 4% and 6% is Rs.3. The ratio of the two selling prices is
a) 52 : 53
b) 51 : 52
c) 51 : 53
d) 52 : 55
Answer »Answer: (a)
Let the C.P. be x
(6 - 4)% of x = 3
2% of x = 3 ⇒ x =$300/2$ = 150
S.P. at 4% gain = ${150 × 104}/100$ = Rs.156
and S.P. at 6% gain = ${150 × 106}/100$ = Rs.159
The required ratio = 156 : 159 = 52 : 53
GET profit & loss PRACTICE TEST EXERCISES
Model 1 Basic Concepts of C.P and S.P
model 2 gain lost percentage
model 3 gain/loss % with C.P/S.P
model 4 sold & brought
model 5 marked price
model 6 sold in circular path
model 7 sold at loss
model 8 two article sold in different rates
model 9 selling an article & interchanging its values
model 10 reduced/increased price of an article
model 11 ratio & partnership
profit & loss Shortcuts and Techniques with Examples
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Model 1 Basic Concepts of C.P and S.P
Defination & Shortcuts … -
model 2 gain lost percentage
Defination & Shortcuts … -
model 3 gain/loss % with C.P/S.P
Defination & Shortcuts … -
model 4 sold & brought
Defination & Shortcuts … -
model 5 marked price
Defination & Shortcuts … -
model 6 sold in circular path
Defination & Shortcuts … -
model 7 sold at loss
Defination & Shortcuts … -
model 8 two article sold in different rates
Defination & Shortcuts … -
model 9 selling an article & interchanging its values
Defination & Shortcuts … -
model 10 reduced/increased price of an article
Defination & Shortcuts … -
model 11 ratio & partnership
Defination & Shortcuts …
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