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 : 21 [SSC CGL Prelim 2000]
A, B and C are partners of a company. During a particular year A received one-third of the profit, B received one-fourth of the profit and C received the remaining Rs.5,000. How much did A receive?
a) Rs.4,000
b) Rs.5,000
c) Rs.3,000
d) Rs.1,000
Answer »Answer: (a)
Let the profit be x
According to question,
$(1 - 1/3 - 1/4)x$ = Rs.5000
or $({12 - 4 - 3}/12)x$ = Rs.5000
$5/12x$ = Rs.5000
x = ${5000 × 12}/5$
= $1/3 = {5000 × 12}/{5 × 3}$ = Rs.4000
Question : 22 [SSC CGL Prelim 2008]
The ratio, in which tea costing Rs.192 per kg is to be mixed with tea costing Rs.150 per kg so that the mixed tea, when sold for Rs.194.40 per kg, gives a profit of 20%, is
a) 3 : 5
b) 2 : 5
c) 5 : 3
d) 5 : 2
Answer »Answer: (b)
By the rule of alligation, CP of mixed tea
= $100/120 × 194.40$ = Rs.162 /kg
∴ Required ratio = $12/30 = 2/5$ or 2 : 5
Question : 23 [SSC CHSL 2010]
If the cost price and selling price of an article are in the ratio 10 : 11, then the percentage of profit is :
a) 9%
b) 10%
c) 3%
d) 1%
Answer »Answer: (b)
Using Rule 1,
Let Cost price = 10x
Selling price = 11x
Gain per cent = ${11x - 10x}/{10x} × 100$
= $x/{10x} × 100 = 10%$
Question : 24 [SSC MTS 2013]
The ratio in which the Darjeeling tea at Rs.32 per kg is mixed with the Assam tea at Rs.25 per kg so as to gain 20% by selling the mixture at Rs.32.40 per kg is
a) 3 : 4
b) 4 : 3
c) 5 : 2
d) 2 : 5
Answer »Answer: (d)
If the C.P. of the mixture be Rs.x per kg, then
$x = 120/100 = 32.40$
x = ${32.40 × 100}/120 = 27$
∴ Required ratio = 2 : 5
Question : 25 [SSC Investigator 2010]
An article is sold at 5% profit. The ratio of selling price and cost price will be
a) 20 : 21
b) 1 : 5
c) 21 : 20
d) 5 : 1
Answer »Answer: (c)
Let C.P. be 100 then,
S.P. = 105 [gain being 5%]
Required ratio = 105 : 100 = 21 : 20
Using Rule 3,
$\text"C.P."/\text"S.P."= 100 /{100 + \text"Profit%"} = 100/{100 + 5}$
= $100/105 = 20/21$ = 20 : 21
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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
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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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