All Categories MCQs
Topic Notes: All Categories
General Description
Plato
- Biography: Ancient Greek philosopher (427–347 BCE), student of Socrates and teacher of Aristotle, founder of the Academy in Athens.
- Important Ideas:
- Theory of Forms
- Philosopher-King
- Ideal State
4721
A, B and C invest Rs. 12000, Rs. 18000 and Rs. 24000. A is an active partner and gets 10% of profit. If total profit is Rs. 10000, find B's share.
Answer:
Rs. 3000
A's salary = 1000. Remaining profit = 9000. Ratio = 12:18:24 = 2:3:4. Total parts = 9. B's share = (3/9) * 9000 = Rs. 3000.
4722
X invests Rs. 50000 for 12 months. Y invests Rs. 60000 for 9 months. Z invests Rs. 70000 for 6 months. Ratio of their profits is:
Answer:
10:9:7
Ratio = (50*12) : (60*9) : (70*6) = 600 : 540 : 420 = 60 : 54 : 42 = 10 : 9 : 7.
4723
A and B entered into a partnership investing Rs. 15000 and Rs. 20000. B is a working partner and gets 20% of total profit. Remaining profit is distributed by capital ratio. If A's share is Rs. 2400, what is B's total share?
Answer:
Rs. 4600
Ratio = 15:20 = 3:4. Total parts = 7. A gets (3/7) of 80% of total profit (0.8P). A's share = (3/7)*0.8P = 2400. 0.8P = 5600 => P = 7000. B's profit share = (4/7)*5600 = 3200. B's salary = 20% of 7000 = 1400. Total B = 3200 + 1400 = Rs. 4600. Let me check options. Option B is 4600. I will select option b.
4724
M and N start a business with Rs. 10000 and Rs. 15000. After 6 months M adds Rs. 5000 and N withdraws Rs. 5000. Find their profit ratio at the end of the year.
Answer:
1:1
M = (10000*6) + (15000*6) = 150000. N = (15000*6) + (10000*6) = 150000. Ratio = 150000 : 150000 = 1:1. Wait, let's recheck. Option c is 1:1. I'll correct the option marking.
4725
A, B and C are partners. A invests Rs. 12000 for 8 months. B invests Rs. 16000 for 6 months. C invests Rs. 20000 for 4 months. If A's profit is Rs. 2400, what is total profit?
Answer:
Rs. 6800
Ratio = (12*8) : (16*6) : (20*4) = 96 : 96 : 80 = 6 : 6 : 5. Total parts = 17. A's share is 6 parts = 2400 => 1 part = 400. Total profit = 17 * 400 = Rs. 6800.
4726
X starts a business with Rs. 20000. After 3 months, Y joins with Rs. 30000. After another 3 months, Z joins with Rs. 40000. If total profit at year end is Rs. 25000, what is X's share?
Answer:
Rs. 8000
X=12 months, Y=9 months, Z=6 months. Ratio = (20*12) : (30*9) : (40*6) = 240 : 270 : 240 = 24 : 27 : 24 = 8 : 9 : 8. Total parts = 25. 24000 / 25 = 960. X's share = 8 * 960 = 7680. Let me change profit to 25000. X's share = 8000.
4727
P, Q, R started a business. P invested Rs. 15000, Q invested Rs. 18000, and R invested Rs. 21000. If the difference between the profits of R and P is Rs. 1200, what is Q's profit?
Answer:
Rs. 3600
Ratio = 15:18:21 = 5:6:7. Difference between R and P = 7 - 5 = 2 parts. 2 parts = 1200 => 1 part = 600. Q's profit = 6 parts = 6 * 600 = Rs. 3600.
4728
A, B, C enter a partnership. A contributes 1/2 of the capital, B contributes 1/3, and C the rest. If total profit is Rs. 6000, what is C's share?
Answer:
Rs. 1000
C's capital = 1 - (1/2 + 1/3) = 1 - 5/6 = 1/6. Ratio = 1/2 : 1/3 : 1/6 = 3 : 2 : 1. C's share = (1/6) * 6000 = Rs. 1000.
4729
M and N start a business. M invests Rs. 12000 for 8 months and N invests Rs. 15000 for 10 months. If M's profit is Rs. 3200, find the total profit.
Answer:
Rs. 8200
Ratio = (12000*8) : (15000*10) = 96 : 150 = 16 : 25. Total parts = 41. M's share is 16 parts = 3200 => 1 part = 200. Total profit = 41 * 200 = Rs. 8200.
4730
A, B and C invest in a business. A invests Rs. 5000 for 12 months. B invests Rs. 6000 for 9 months. C invests Rs. 8000 for 6 months. If the total profit is Rs. 16200, find the share of C.
Answer:
Rs. 4800
Ratio = (5*12) : (6*9) : (8*6) = 60 : 54 : 48 = 10 : 9 : 8. Total parts = 27. C's share = (8/27) * 16200 = 8 * 600 = Rs. 4800.