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.45,900
(b) Rs.38,400
(c) Rs.40,500
(d) Rs.41,500
The correct answers to the above question in:
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
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Read more ratio partnership Based Quantitative Aptitude Questions and Answers
Question : 1
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 : 2
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 : 3
A invests Rs.64,000 in a business. After few months B joined him with Rs.48,000. At the end of year, the total profit was divided between them in the ratio 2 : 1. After how many months did B join?
a) 4
b) 8
c) 6
d) 7
Answer »Answer: (a)
B entered after x months.
Ratio of equivalent capitals for 1 month
= 64000 × 12 : 48000 (12 - x)
= 16 : (12 - x)
$16/{12 - x} =2/1$ ⇒ 24 - 2x = 16
2x = 8 ⇒ x = 4 months
Question : 4
A shopkeeper bought 15kg of rice at the rate of Rs.29 per kg and 25kg of rice at the rate of Rs.20 per kg. He sold the mixture of both types of rice at the rate of Rs.27 per kg. His profit in this transaction is
a) Rs.150
b) Rs.125
c) Rs.140
d) Rs.145
Answer »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
Question : 5
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 : 6
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
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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