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 : 11 [SSC CHSL 2012]
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 : 12 [SSC SO 2006]
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 : 13 [SSC CHSL 2012]
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 : 14 [SSC SO 2007]
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 : 15 [SSC CHSL 2012]
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
IMPORTANT quantitative aptitude EXERCISES
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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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