model 11 ratio & partnership Practice Questions Answers Test with Solutions & More Shortcuts
profit & loss PRACTICE TEST [11 - 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
Question : 6 [SSC CPO S.I.2008]
A, B and C entered into partnership in a business. A got $3/5$ of the profit and B and C distributed the remaining profit equally. If C got Rs.400 less than A, the total profit was
a) Rs.1200
b) Rs.1600
c) Rs.1000
d) Rs.800
Answer »Answer: (c)
Let the total profit be Rs.x.
A ’s share in profit = Rs.${3x}/5$
B ’s share in profit = Rs.$x/5$
and C ’s share in profit = Rs.$x/5$
According to the question,
$({3x}/5 - x/5)$ = 400
${2x}/5$ = 400
$x = {400 × 5}/2$ = Rs.1000
Question : 7 [SSC CPO S.I.2010]
If the ratio of cost price and the selling price is 5 : 6, the gain per cent is
a) 33$1/3$%
b) 20%
c) 25%
d) 30%
Answer »Answer: (b)
Using Rule 1,
If S.P > C.P. then there will be profit
Profit = S.P. - C.P.
Profit% = ${\text"Profit" × 100}/{\text"C.P."}$
Let the cost price = 5x
and the selling price = 6x.
Gain % =${6x - 5x}/{5x} × 100$ = 20%
Question : 8 [SSC SAS 2010]
In what ratio Darjeeling Tea costing Rs.320 per kg be mixed with Assam Tea costing Rs.250 per kg so that there is a gain of 20% by selling the mixture at Rs.324 per kg ?
a) 2 : 3
b) 1 : 2
c) 3 : 2
d) 2 : 5
Answer »Answer: (d)
CP of the mixture = ${324 × 100}/120$ = Rs.270
∴ Required ratio = 2 : 5
Question : 9 [SSC SO 2006]
Nita blends two varieties of tea— one costing Rs.180 per kg and another costing Rs.200 per kg in the ratio 5 : 3. If she sells the blended variety at Rs.210 per kg, then her gain percent is
a) 11%
b) 10%
c) 12%
d) 13%
Answer »Answer: (c)
Gain per cent
= ${210 × (5 + 3) -[180 × 5 + 200 × 3]}/{180 × 5 + 200 × 3}$ × 100
= ${1680 - 1500}/1500 × 100$
= $180/1500 × 100$ = 12%
Question : 10 [SSC CPO S.I.2003]
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
IMPORTANT quantitative aptitude EXERCISES
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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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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 »
model 11 ratio & partnership Shortcuts »
Click to Read...model 11 ratio & partnership Online Quiz
Click to Start..profit & loss Shortcuts and Techniques with Examples
-
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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