model 11 ratio & partnership Section-Wise Topic Notes With Detailed Explanation And Example Questions

MOST IMPORTANT quantitative aptitude - 11 EXERCISES

Top 10,000+ Aptitude Memory Based Exercises

The following question based on profit & loss topic of quantitative aptitude

Questions : 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

The correct answers to the above question in:

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

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Read more ratio partnership Based Quantitative Aptitude Questions and Answers

Question : 1

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: (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 : 2

The ratio of the quantities of sugar, in which sugar costing Rs.20 per kg. and Rs.15 per kg. should be mixed so that there will be neither loss nor gain on selling the mixed sugar at the rate of Rs.16 per kg, is

a) 1 : 2

b) 2 : 1

c) 4 :1

d) 1 : 4

Answer: (d)

Let x kg of sugar costing Rs.20/ kg and y kg of sugar costing Rs.15/kg are mixed.

According to the question,

20x + 15y = 16 (x + y)

20x + 15y = 16x + 16y

20x - 16x = 16y - 15y

4x = y ∴ $x/y = 1/4$ or 1 : 4

Method 2 :

By the rule of alligation,

∴ Required ratio = 1 : 4

Question : 3

The ratio of cost price and selling price is 5 : 4, the loss per cent is :

a) 25%

b) 20%

c) 40%

d) 50%

Answer: (b)

According to the question

$\text"Cost price"/ \text"Selling price" = 5/4$

Selling price = $4/5$ × Cost price

Loss = Cost price - Selling price

= Cost price - $4/5$ Cost price = $1/5$ Cost price

Loss % = ${{1/5}\text"Cost price" × 100}/\text"Cost price" = 100/5 = 20%$

Method 2 : Simple Approach

Rs.1 is loss on Rs.5.

loss % = $1/5$ × 100 = 20%

Using Rule 2

If C.P > S.P., then there will be Loss

Loss = C.P. - S.P., Loss% = ${Loss × 100}/{C.P.}$

Here, C.P. = 5x, S.P. = 4x

Loss% = $\text"Loss"/ \text"C.P."$ × 100

= ${5x - 4x}/{5x}$ × 100 = 20%

Question : 4

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: (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 : 5

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: (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 : 6

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: (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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